Banco Bilbao Vizcaya Argentaria S.A. Cuts Stake in iShares MSCI South Korea ETF $EWY

Banco Bilbao Vizcaya Argentaria S.A. lessened its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 37.0% in the 4th quarter, Holdings Channel reports. The firm owned 518,819 shares of the exchange traded fund’s stock after selling 304,258 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in iShares MSCI South Korea ETF were worth $50,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Guidance Capital Inc. boosted its holdings in iShares MSCI South Korea ETF by 2.4% in the 3rd quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock worth $498,000 after buying an additional 146 shares during the last quarter. Diversify Advisory Services LLC raised its holdings in shares of iShares MSCI South Korea ETF by 1.9% during the fourth quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 162 shares during the last quarter. Creative Planning lifted its position in shares of iShares MSCI South Korea ETF by 3.6% in the second 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 in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares MSCI South Korea ETF by 5.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 184 shares during the last quarter. Finally, Journey Advisory Group LLC boosted its stake in shares of iShares MSCI South Korea ETF by 0.3% in the fourth quarter. Journey Advisory Group LLC now owns 60,001 shares of the exchange traded fund’s stock worth $5,833,000 after acquiring an additional 198 shares during the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY opened at $205.08 on Thursday. The stock has a 50 day moving average price of $175.91 and a 200 day moving average price of $137.42. iShares MSCI South Korea ETF has a one year low of $67.61 and a one year high of $217.76. The stock has a market capitalization of $27.29 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45.

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.