Morningstar Investment Management LLC Sells 28,958 Shares of iShares MSCI South Korea ETF $EWY

Morningstar Investment Management LLC reduced its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 42.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,951 shares of the exchange traded fund’s stock after selling 28,958 shares during the period. Morningstar Investment Management LLC’s holdings in iShares MSCI South Korea ETF were worth $3,787,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of EWY. Goldman Sachs Group Inc. increased its holdings in iShares MSCI South Korea ETF by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after acquiring an additional 52,259 shares during the last quarter. Creative Planning increased its holdings in iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 176 shares during the last quarter. M&T Bank Corp bought a new stake in iShares MSCI South Korea ETF in the 2nd quarter valued at $203,000. Invesco Ltd. increased its holdings in iShares MSCI South Korea ETF by 424.3% in the 2nd quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after acquiring an additional 76,444 shares during the last quarter. Finally, Cresset Asset Management LLC increased its holdings in iShares MSCI South Korea ETF by 7.0% in the 2nd quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock valued at $622,000 after acquiring an additional 565 shares during the last quarter. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $182.03 on Monday. iShares MSCI South Korea ETF has a 52-week low of $58.53 and a 52-week high of $194.58. The company has a market cap of $24.22 billion, a P/E ratio of 10.35 and a beta of 1.38. The firm’s fifty day moving average is $149.77 and its two-hundred day moving average is $123.94.

iShares MSCI South Korea 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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.