First Trust Advisors LP Sells 10,966 Shares of iShares MSCI South Korea ETF $EWY

First Trust Advisors LP decreased its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 28.4% in the 1st quarter, Holdings Channel reports. The firm owned 27,653 shares of the exchange traded fund’s stock after selling 10,966 shares during the period. First Trust Advisors LP’s holdings in iShares MSCI South Korea ETF were worth $3,402,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Morgan Stanley raised its stake in iShares MSCI South Korea ETF by 31.5% in 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 in the last quarter. Bridgewater Associates LP grew its stake in iShares MSCI South Korea ETF by 1.8% in the 4th quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock worth $201,475,000 after buying an additional 37,242 shares in the last quarter. Hsbc Holdings PLC grew its stake in iShares MSCI South Korea ETF by 1,764.2% in the 4th quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock worth $184,457,000 after buying an additional 1,795,557 shares in the last quarter. Temasek Holdings Private Ltd increased its holdings in shares of iShares MSCI South Korea ETF by 116.6% in the 4th quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock worth $155,066,000 after buying an additional 858,598 shares during the last quarter. Finally, Rafferty Asset Management LLC increased its holdings in shares of iShares MSCI South Korea ETF by 44.0% in the 4th quarter. Rafferty Asset Management LLC now owns 1,224,622 shares of the exchange traded fund’s stock worth $119,058,000 after buying an additional 373,916 shares during the last quarter. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

iShares MSCI South Korea ETF stock opened at $164.12 on Friday. The firm’s fifty day moving average price is $184.76 and its 200-day moving average price is $157.95. The stock has a market cap of $23.83 billion, a P/E ratio of 10.35 and a beta of 1.49. iShares MSCI South Korea ETF has a fifty-two week low of $70.93 and a fifty-two week high of $220.89.

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.