iShares MSCI South Korea ETF $EWY Holdings Cut by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda lowered its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 59.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 30,000 shares of the exchange traded fund’s stock after selling 44,000 shares during the period. SPX Gestao de Recursos Ltda’s holdings in iShares MSCI South Korea ETF were worth $2,403,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sun Life Financial Inc. raised its holdings in shares of iShares MSCI South Korea ETF by 7.2% during the second quarter. Sun Life Financial Inc. now owns 1,660,773 shares of the exchange traded fund’s stock worth $119,210,000 after acquiring an additional 111,000 shares in the last quarter. TD Asset Management Inc increased its position in iShares MSCI South Korea ETF by 85.5% in the 3rd quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock worth $123,076,000 after purchasing an additional 708,000 shares during the last quarter. Hsbc Holdings PLC increased its position in iShares MSCI South Korea ETF by 1,753.0% in the 2nd quarter. Hsbc Holdings PLC now owns 1,296,271 shares of the exchange traded fund’s stock worth $93,047,000 after purchasing an additional 1,226,315 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI South Korea ETF by 13.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,208,253 shares of the exchange traded fund’s stock worth $96,781,000 after purchasing an additional 141,996 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of iShares MSCI South Korea ETF by 31,122.4% during the 2nd quarter. Schroder Investment Management Group now owns 1,065,620 shares of the exchange traded fund’s stock worth $75,382,000 after purchasing an additional 1,062,207 shares in the last quarter. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

Shares of iShares MSCI South Korea ETF stock opened at $126.73 on Friday. The firm has a market cap of $12.46 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. The stock has a 50-day simple moving average of $121.92 and a 200-day simple moving average of $98.59. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $154.22.

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.