Traders Buy iShares MSCI South Korea Index Fund(ETF) (EWY) on Weakness

Investors purchased shares of iShares MSCI South Korea Index Fund(ETF) (NYSEARCA:EWY) on weakness during trading on Thursday. $104.70 million flowed into the stock on the tick-up and $27.98 million flowed out of the stock on the tick-down, for a money net flow of $76.72 million into the stock. Of all equities tracked, iShares MSCI South Korea Index Fund(ETF) had the 6th highest net in-flow for the day. iShares MSCI South Korea Index Fund(ETF) traded down ($0.58) for the day and closed at $77.29

The firm has a market cap of $4,340.00 and a P/E ratio of -3.77.

The business also recently disclosed a semiannual dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were paid a $2.1762 dividend. This is a boost from iShares MSCI South Korea Index Fund(ETF)’s previous semiannual dividend of $0.65. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a dividend yield of 5.97%. iShares MSCI South Korea Index Fund(ETF)’s dividend payout ratio (DPR) is -10.59%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Copper Rock Capital Partners LLC purchased a new stake in shares of iShares MSCI South Korea Index Fund(ETF) during the fourth quarter worth about $6,733,000. Parametric Portfolio Associates LLC grew its stake in iShares MSCI South Korea Index Fund(ETF) by 5.1% during the third quarter. Parametric Portfolio Associates LLC now owns 284,382 shares of the exchange traded fund’s stock worth $19,639,000 after buying an additional 13,897 shares during the period. Afam Capital Inc. grew its stake in iShares MSCI South Korea Index Fund(ETF) by 32.4% during the third quarter. Afam Capital Inc. now owns 106,279 shares of the exchange traded fund’s stock worth $7,340,000 after buying an additional 25,989 shares during the period. Flow Traders U.S. LLC lifted its position in shares of iShares MSCI South Korea Index Fund(ETF) by 109.6% during the third quarter. Flow Traders U.S. LLC now owns 215,885 shares of the exchange traded fund’s stock worth $14,909,000 after purchasing an additional 112,903 shares in the last quarter. Finally, Money Design Co. Ltd. acquired a new position in shares of iShares MSCI South Korea Index Fund(ETF) during the third quarter worth $3,775,000.

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iShares MSCI South Korea Index Fund(ETF) Company 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.

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