MKP Capital Management L.L.C. Purchases New Shares in iShares MSCI South Korea ETF (NYSEARCA:EWY)

MKP Capital Management L.L.C. acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 261,040 shares of the exchange traded fund’s stock, valued at approximately $17,252,000. iShares MSCI South Korea ETF accounts for 1.0% of MKP Capital Management L.L.C.’s holdings, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of EWY. Founders Capital Management acquired a new position in iShares MSCI South Korea ETF in the 1st quarter valued at $27,000. International Assets Investment Management LLC bought a new position in shares of iShares MSCI South Korea ETF in the second quarter valued at approximately $49,000. CWM LLC increased its holdings in shares of iShares MSCI South Korea ETF by 460.0% in the first quarter. CWM LLC now owns 1,120 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 920 shares during the period. Picton Mahoney Asset Management purchased a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $168,000. Finally, Laffer Tengler Investments Inc. lifted its position in iShares MSCI South Korea ETF by 19.4% during the fourth quarter. Laffer Tengler Investments Inc. now owns 2,739 shares of the exchange traded fund’s stock valued at $179,000 after purchasing an additional 445 shares during the last quarter.

iShares MSCI South Korea ETF Stock Down 3.7 %

Shares of EWY stock opened at $60.50 on Friday. The firm has a market cap of $4.80 billion, a P/E ratio of 9.60 and a beta of 1.25. iShares MSCI South Korea ETF has a 12-month low of $54.49 and a 12-month high of $69.51. The business has a 50-day moving average price of $65.19 and a two-hundred day moving average price of $64.99.

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.