EWY - BTS's Jin Wraps Up Mandatory Military Service: US ETFs That Let You Invest In Hybe Are Soaring | Benzinga
Kim Seok-jin, professionally known as Jin, the eldest member of the South Korean pop band BTS, has completed his mandatory military service in South Korea.
What Happened: Jin, 31, was discharged after 18 months of service, becoming the first BTS member to finish the mandatory duty. He appeared emotional as he hugged his colleagues at a military base in Yeoncheon, Gyeonggi province, Reuters reported on Wednesday.
Following his discharge, shares of Hybe Co., the label behind BTS, 1.01% in early trade while the benchmark KOSPI index rose 0.35%. ETFs in the U.S. that allow investment in HYBE also saw fluctuations.
Ishares Msci South Korea ETF (NYSE:EWY) traded 0.72% higher in pre-market ...