Glaxis Capital Management LLC Purchases New Shares in iShares MSCI South Korea ETF $EWY

Glaxis Capital Management LLC purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 30,000 shares of the exchange traded fund’s stock, valued at approximately $2,917,000. iShares MSCI South Korea ETF comprises about 4.9% of Glaxis Capital Management LLC’s holdings, making the stock its 6th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at $26,000. Nvwm LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at $29,000. Berbice Capital Management LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at $34,000. Strategic Advocates LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at $38,000. Finally, Larson Financial Group LLC raised its position in iShares MSCI South Korea ETF by 281.7% in the 4th quarter. Larson Financial Group LLC now owns 416 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 307 shares during the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Trading Up 11.5%

NYSEARCA EWY opened at $198.94 on Friday. The firm has a market capitalization of $26.47 billion, a P/E ratio of 10.35 and a beta of 1.45. The business has a fifty day simple moving average of $169.47 and a 200 day simple moving average of $134.21. iShares MSCI South Korea ETF has a 12 month low of $66.11 and a 12 month high of $217.76.

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.