Financiere des Professionnels Fonds d investissement inc. Sells 12,500 Shares of iShares MSCI South Korea ETF $EWY

Financiere des Professionnels Fonds d investissement inc. lowered its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 19.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,500 shares of the exchange traded fund’s stock after selling 12,500 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares MSCI South Korea ETF were worth $6,458,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EWY. Hsbc Holdings PLC lifted its stake in shares of iShares MSCI South Korea ETF by 1,764.2% in the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock valued at $184,457,000 after buying an additional 1,795,557 shares in the last quarter. Yacktman Asset Management LP bought a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter worth $111,279,000. Temasek Holdings Private Ltd boosted its stake in iShares MSCI South Korea ETF by 116.6% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after acquiring an additional 858,598 shares during the last quarter. Morgan Stanley grew its holdings in iShares MSCI South Korea ETF by 31.5% during the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock valued at $331,054,000 after purchasing an additional 814,877 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth about $51,527,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $163.36 on Friday. iShares MSCI South Korea ETF has a 1 year low of $70.36 and a 1 year high of $220.89. The company’s fifty day simple moving average is $191.96 and its two-hundred day simple moving average is $151.84. The stock has a market capitalization of $19.41 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

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. 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.