Deutsche Bank AG Grows Position in iShares MSCI South Korea ETF $EWY

Deutsche Bank AG lifted its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 226.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 3,533 shares of the exchange traded fund’s stock after acquiring an additional 2,450 shares during the quarter. Deutsche Bank AG’s holdings in iShares MSCI South Korea ETF were worth $191,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Private Trust Co. NA raised its stake in shares of iShares MSCI South Korea ETF by 325.3% in the first quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 540 shares in the last quarter. Private Wealth Management Group LLC purchased a new stake in iShares MSCI South Korea ETF during the 1st quarter worth about $39,000. Hara Capital LLC raised its position in iShares MSCI South Korea ETF by 75.5% in the 4th quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 400 shares in the last quarter. Grove Bank & Trust purchased a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $54,000. Finally, Exchange Traded Concepts LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $56,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $72.24 on Friday. The company’s 50 day moving average price is $72.62 and its 200 day moving average price is $62.94. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 10.35 and a beta of 1.05. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $74.96.

iShares MSCI South Korea ETF Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange.