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

Hsbc Holdings PLC grew its holdings 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 and Exchange Commission. The institutional investor owned 1,897,337 shares of the exchange traded fund’s stock after purchasing 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 filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of iShares MSCI South Korea ETF in the fourth quarter worth approximately $26,000. Nvwm LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at approximately $29,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at approximately $31,000. Berbice Capital Management LLC acquired a new position in iShares MSCI South Korea ETF in the 4th quarter worth approximately $34,000. Finally, Strategic Advocates LLC acquired a new position in iShares MSCI South Korea ETF in the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA EWY opened at $180.14 on Friday. The firm’s 50 day moving average price is $189.19 and its two-hundred day moving average price is $146.02. iShares MSCI South Korea ETF has a twelve month low of $69.85 and a twelve month high of $220.89. The stock has a market cap of $21.81 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

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.