Fiduciary Financial Group LLC cut its position in iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) by 3.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,342 shares of the exchange traded fund’s stock after selling 1,562 shares during the quarter. Fiduciary Financial Group LLC’s holdings in iShares MSCI South Korea ETF were worth $2,818,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of EWY. New Vernon Capital Holdings II LLC grew its stake in shares of iShares MSCI South Korea ETF by 5,822.0% in the first quarter. New Vernon Capital Holdings II LLC now owns 1,420,928 shares of the exchange traded fund’s stock valued at $76,787,000 after buying an additional 1,396,934 shares in the last quarter. TD Asset Management Inc acquired a new stake in shares of iShares MSCI South Korea ETF in the first quarter valued at $44,774,000. USS Investment Management Ltd boosted its holdings in iShares MSCI South Korea ETF by 226.6% in the fourth quarter. USS Investment Management Ltd now owns 851,794 shares of the exchange traded fund’s stock valued at $43,352,000 after purchasing an additional 591,003 shares during the period. DRW Securities LLC purchased a new position in iShares MSCI South Korea ETF in the first quarter valued at $16,649,000. Finally, Sun Life Financial Inc. grew its stake in iShares MSCI South Korea ETF by 21.9% during the 1st quarter. Sun Life Financial Inc. now owns 1,549,773 shares of the exchange traded fund’s stock worth $83,750,000 after purchasing an additional 278,300 shares in the last quarter. 49.22% of the stock is owned by institutional investors and hedge funds.
iShares MSCI South Korea ETF Price Performance
Shares of NYSEARCA EWY opened at $78.66 on Friday. The company has a market cap of $5.64 billion, a price-to-earnings ratio of 10.35 and a beta of 1.05. The stock’s 50-day moving average is $73.19 and its two-hundred day moving average is $64.09. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $78.75.
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.
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