PNC Financial Services Group Inc. Has $1.14 Million Holdings in iShares MSCI South Korea ETF $EWY

PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 141.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,284 shares of the exchange traded fund’s stock after acquiring an additional 5,440 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI South Korea ETF were worth $1,142,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hsbc Holdings PLC boosted 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 purchasing an additional 1,795,557 shares during the period. Yacktman Asset Management LP bought a new position in iShares MSCI South Korea ETF during the 4th quarter worth about $111,279,000. Temasek Holdings Private Ltd increased its holdings in iShares MSCI South Korea ETF by 116.6% during 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 purchasing an additional 858,598 shares in the last quarter. Morgan Stanley raised its stake in shares of iShares MSCI South Korea ETF by 31.5% in the 4th 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 acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $51,527,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of iShares MSCI South Korea ETF stock opened at $157.10 on Friday. The firm has a market cap of $22.38 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The stock’s 50-day moving average is $187.21 and its 200-day moving average is $156.03. iShares MSCI South Korea ETF has a one year low of $70.36 and a one year 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.