MKP Capital Management L.L.C. Makes New $6.34 Million Investment in iShares MSCI South Korea ETF $EWY

MKP Capital Management L.L.C. purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 3rd quarter, Holdings Channel reports. The fund purchased 34,678 shares of the exchange traded fund’s stock, valued at approximately $6,338,000. iShares MSCI South Korea ETF comprises 0.2% of MKP Capital Management L.L.C.’s investment portfolio, making the stock its 17th biggest position.

Several other large investors have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings 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 valued at $1,344,351,000 after acquiring an additional 5,532,980 shares during the last quarter. Bank of Nova Scotia lifted its position in iShares MSCI South Korea ETF by 135.8% during the 1st quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock valued at $224,348,000 after purchasing an additional 1,050,220 shares during the period. The Manufacturers Life Insurance Company lifted its position in iShares MSCI South Korea ETF by 368.1% during the 2nd 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. Group One Trading LLC acquired a new position in iShares MSCI South Korea ETF during the 1st quarter valued at about $30,984,000. Finally, Fifth Third Bancorp lifted its position in iShares MSCI South Korea ETF by 1,140,390.9% during the 1st quarter. Fifth Third Bancorp now owns 250,908 shares of the exchange traded fund’s stock valued at $30,864,000 after purchasing an additional 250,886 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Down 2.1%

Shares of NYSEARCA EWY opened at $139.18 on Wednesday. The firm has a market capitalization of $20.36 billion, a PE ratio of 7.18 and a beta of 1.59. iShares MSCI South Korea ETF has a 1 year low of $86.90 and a 1 year high of $220.89. The firm’s 50-day moving average is $170.45 and its 200-day moving average is $163.25.

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.