6,386 Shares in iShares MSCI South Korea ETF $EWY Bought by ABC Arbitrage SA

ABC Arbitrage SA acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the third quarter, according to its most recent filing with the SEC. The firm acquired 6,386 shares of the exchange traded fund’s stock, valued at approximately $512,000.

A number of other large investors also recently bought and sold shares of EWY. CWM LLC lifted its stake in shares of iShares MSCI South Korea ETF by 328.8% in the 2nd quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 457 shares during the period. Private Wealth Management Group LLC lifted its position in iShares MSCI South Korea ETF by 83.3% in the second quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 600 shares during the period. FLP Wealth Management LLC acquired a new stake in iShares MSCI South Korea ETF in the third quarter valued at about $103,000. Farther Finance Advisors LLC boosted its holdings in iShares MSCI South Korea ETF by 200.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,650 shares of the exchange traded fund’s stock valued at $132,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Friedenthal Financial purchased a new stake in iShares MSCI South Korea ETF in the 3rd quarter valued at approximately $149,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 4.9%

Shares of EWY stock opened at $130.60 on Thursday. The company has a market cap of $12.84 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. The stock has a 50 day simple moving average of $106.76 and a 200-day simple moving average of $91.09. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $130.73.

iShares MSCI South Korea ETF Company 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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.