11 South Korean Active ETFs Add SK Hynix ADR to Holdings After Nasdaq Listing on July 10

SKHY0.89%
SKHYV-0.98%

According to Newsis, 11 domestic active exchange-traded funds (ETFs) added SK Hynix's American depositary receipts (ADRs) to their portfolios by July 16, shortly after the semiconductor company's Nasdaq listing on July 10. The funds previously lacked direct access to SK Hynix through global stock indexes.

Asset Plus Asset Management took the most aggressive approach, allocating 6.25% to its Global Leading Companies Active fund, while TIME Portfolio's Global AI Artificial Intelligence Active product held the largest single position at approximately 78.9 billion Korean won, representing a 3.26% weighting.

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