Whittier Trust Co. Acquires 3,275 Shares of iShares MSCI South Korea ETF $EWY

Whittier Trust Co. raised its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 7.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 47,360 shares of the exchange traded fund’s stock after acquiring an additional 3,275 shares during the period. Whittier Trust Co.’s holdings in iShares MSCI South Korea ETF were worth $5,965,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWY. Whittier Trust Co. of Nevada Inc. bought a new position in iShares MSCI South Korea ETF during the 4th quarter worth approximately $2,231,000. Diversify Advisory Services LLC purchased a new position in iShares MSCI South Korea ETF in the 3rd quarter worth approximately $689,000. Ehrenkranz Partners L.P. bought a new stake in iShares MSCI South Korea ETF in the third quarter valued at approximately $12,744,000. CIBC Bancorp USA Inc. bought a new stake in iShares MSCI South Korea ETF in the third quarter valued at approximately $8,432,000. Finally, Jefferies Financial Group Inc. boosted its stake in shares of iShares MSCI South Korea ETF by 1,885.5% during the third quarter. Jefferies Financial Group Inc. now owns 67,903 shares of the exchange traded fund’s stock valued at $5,419,000 after purchasing an additional 64,483 shares during the period. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Down 5.7%

Shares of iShares MSCI South Korea ETF stock traded down $10.73 on Tuesday, hitting $179.12. The stock had a trading volume of 6,237,079 shares, compared to its average volume of 19,564,539. iShares MSCI South Korea ETF has a one year low of $70.36 and a one year high of $220.89. The stock has a market cap of $21.61 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The stock’s 50-day simple moving average is $189.97 and its two-hundred day simple moving average is $147.10.

About iShares MSCI South Korea ETF

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.