Calamos Wealth Management LLC Makes New $6.01 Million Investment in iShares MSCI South Korea ETF $EWY

Calamos Wealth Management LLC purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 1st quarter, Holdings Channel reports. The firm purchased 48,831 shares of the exchange traded fund’s stock, valued at approximately $6,007,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EWY. Morgan Stanley lifted its position 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 purchasing an additional 814,877 shares in the last quarter. Bridgewater Associates LP grew its position in iShares MSCI South Korea ETF by 1.8% in the fourth quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock valued at $201,475,000 after purchasing an additional 37,242 shares in the last quarter. Hsbc Holdings PLC increased its stake in iShares MSCI South Korea ETF by 1,764.2% in 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 buying an additional 1,795,557 shares during the last quarter. Temasek Holdings Private Ltd increased its stake in iShares MSCI South Korea ETF by 116.6% in the 4th quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after buying an additional 858,598 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its position in iShares MSCI South Korea ETF by 44.0% during the 4th 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 in the last quarter. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA:EWY opened at $168.02 on Tuesday. The company’s 50-day moving average price is $192.37 and its two-hundred day moving average price is $150.24. iShares MSCI South Korea ETF has a one year low of $70.36 and a one year high of $220.89. The stock has a market capitalization of $19.93 billion, a PE ratio of 10.35 and a beta of 1.46.

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.