Bank of Nova Scotia Takes Position in iShares MSCI South Korea ETF $EWY

Bank of Nova Scotia purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 262,100 shares of the exchange traded fund’s stock, valued at approximately $20,994,000. Bank of Nova Scotia owned approximately 0.36% of iShares MSCI South Korea ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of iShares MSCI South Korea ETF by 50.5% in the third quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 301 shares in the last quarter. FLP Wealth Management LLC acquired a new position in iShares MSCI South Korea ETF during the third quarter worth $103,000. Basso Capital Management L.P. purchased a new position in iShares MSCI South Korea ETF in the third quarter worth $105,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in iShares MSCI South Korea ETF in the third quarter worth $120,000. Finally, Farther Finance Advisors LLC lifted its holdings in iShares MSCI South Korea ETF by 200.0% in the third quarter. Farther Finance Advisors LLC now owns 1,650 shares of the exchange traded fund’s stock valued at $132,000 after acquiring an additional 1,100 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $133.10 on Tuesday. The firm has a market capitalization of $13.09 billion, a P/E ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $154.22. The company’s fifty day moving average is $125.50 and its two-hundred day moving average is $101.38.

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.