BlueCrest Capital Management Ltd Makes New Investment in iShares MSCI South Korea ETF $EWY

BlueCrest Capital Management Ltd bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,476 shares of the exchange traded fund’s stock, valued at approximately $537,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Banque Transatlantique SA acquired a new position in iShares MSCI South Korea ETF in the first quarter valued at approximately $25,000. CWM LLC raised its position in iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 457 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of iShares MSCI South Korea ETF in the 2nd quarter valued at $76,000. Private Wealth Management Group LLC grew its holdings in shares of iShares MSCI South Korea ETF by 83.3% during the 2nd quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock worth $95,000 after purchasing an additional 600 shares during the period. Finally, WestEnd Advisors LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 2nd quarter worth about $106,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Down 2.4%

Shares of EWY opened at $92.67 on Friday. The company’s 50-day moving average price is $91.41 and its 200 day moving average price is $79.12. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $100.79. The firm has a market cap of $6.70 billion, a P/E ratio of 10.35 and a beta of 1.22.

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.