iShares MSCI South Korea ETF $EWY Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC raised its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 1,764.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,897,337 shares of the exchange traded fund’s stock after acquiring an additional 1,795,557 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI South Korea ETF were worth $184,457,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at approximately $26,000. Nvwm LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $29,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $31,000. Berbice Capital Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $34,000. Finally, Strategic Advocates LLC purchased a new position in iShares MSCI South Korea ETF in the 4th quarter valued at $38,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY opened at $219.20 on Friday. The firm has a market cap of $29.16 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. The firm’s fifty day moving average price is $179.33 and its 200 day moving average price is $138.89. iShares MSCI South Korea ETF has a 1-year low of $67.98 and a 1-year high of $220.89.

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. 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.