102,027 Shares in iShares MSCI South Korea ETF $EWY Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. acquired a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, HoldingsChannel reports. The firm acquired 102,027 shares of the exchange traded fund’s stock, valued at approximately $18,648,000. iShares MSCI South Korea ETF comprises 1.6% of Pekin Hardy Strauss Inc.’s portfolio, making the stock its 4th biggest holding.

Several other hedge funds also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in iShares MSCI South Korea ETF by 102.5% in the first quarter. Bank of America Corp DE now owns 10,928,797 shares of the exchange traded fund’s stock worth $1,344,351,000 after purchasing an additional 5,532,980 shares during the period. Bank of Nova Scotia lifted its position in shares of iShares MSCI South Korea ETF by 135.8% during the first quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock worth $224,348,000 after purchasing an additional 1,050,220 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of iShares MSCI South Korea ETF by 368.1% during the second quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock valued at $61,258,000 after purchasing an additional 238,591 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI South Korea ETF by 217.3% during the second quarter. Envestnet Asset Management Inc. now owns 232,371 shares of the exchange traded fund’s stock valued at $46,916,000 after purchasing an additional 159,136 shares during the period. Finally, Yousif Capital Management LLC boosted its stake in shares of iShares MSCI South Korea ETF by 4.2% during the third quarter. Yousif Capital Management LLC now owns 245,991 shares of the exchange traded fund’s stock valued at $44,962,000 after purchasing an additional 9,832 shares during the period. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Down 13.5%

NYSEARCA EWY opened at $131.65 on Friday. The company’s 50-day moving average price is $172.95 and its 200-day moving average price is $162.87. The stock has a market cap of $19.29 billion, a PE ratio of 10.35 and a beta of 1.60. iShares MSCI South Korea ETF has a 12 month low of $86.90 and a 12 month high of $220.89.

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.