Levin Capital Strategies L.P. Invests $559,000 in iShares MSCI South Korea ETF $EWY

Levin Capital Strategies L.P. purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,544 shares of the exchange traded fund’s stock, valued at approximately $559,000.

Other institutional investors have also recently bought and sold shares of the company. Morgan Stanley boosted its holdings in shares of iShares MSCI South Korea ETF by 31.5% in the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock worth $331,054,000 after buying an additional 814,877 shares during the period. Bridgewater Associates LP grew its position in iShares MSCI South Korea ETF by 1.8% during the 4th quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock worth $201,475,000 after purchasing an additional 37,242 shares in the last quarter. Hsbc Holdings PLC raised its stake in iShares MSCI South Korea ETF by 1,764.2% during the 4th quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock valued at $184,457,000 after purchasing an additional 1,795,557 shares during the period. Temasek Holdings Private Ltd lifted its holdings in shares of iShares MSCI South Korea ETF by 116.6% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after purchasing an additional 858,598 shares in the last quarter. Finally, Rafferty Asset Management LLC boosted its position in shares of iShares MSCI South Korea ETF by 44.0% in the fourth quarter. Rafferty Asset Management LLC now owns 1,224,622 shares of the exchange traded fund’s stock worth $119,058,000 after buying an additional 373,916 shares during the period. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 2.0%

Shares of EWY stock opened at $173.86 on Friday. The company has a market capitalization of $23.72 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 1-year low of $70.36 and a 1-year high of $220.89. The stock’s fifty day simple moving average is $190.00 and its 200-day simple moving average is $154.29.

About iShares MSCI South Korea ETF

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.