Summit Securities Group LLC Buys Shares of 800 iShares MSCI South Korea ETF (NYSEARCA:EWY)

Summit Securities Group LLC purchased a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 800 shares of the exchange traded fund’s stock, valued at approximately $41,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Assetmark Inc. boosted its position in iShares MSCI South Korea ETF by 6,375.0% during the fourth quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 765 shares during the last quarter. Hara Capital LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 75.5% during the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 400 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $49,000. Mainstream Capital Management LLC acquired a new position in iShares MSCI South Korea ETF in the fourth quarter valued at $145,000. Finally, Ping Capital Management Inc. purchased a new position in iShares MSCI South Korea ETF during the fourth quarter worth about $204,000.

iShares MSCI South Korea ETF Trading Down 3.0 %

Shares of NYSEARCA:EWY opened at $54.79 on Monday. iShares MSCI South Korea ETF has a 12-month low of $50.74 and a 12-month high of $69.52. The stock’s 50-day moving average price is $55.86 and its two-hundred day moving average price is $57.48. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 10.54 and a beta of 1.12.

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.