FIL Ltd Sells 21,146 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

FIL Ltd reduced its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 12.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,814 shares of the exchange traded fund’s stock after selling 21,146 shares during the quarter. FIL Ltd’s holdings in iShares MSCI South Korea ETF were worth $7,319,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in iShares MSCI South Korea ETF by 25.3% in the third quarter. JPMorgan Chase & Co. now owns 913,197 shares of the exchange traded fund’s stock valued at $58,408,000 after acquiring an additional 184,207 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at approximately $233,000. Nan Fung Trinity HK Ltd. grew its holdings in shares of iShares MSCI South Korea ETF by 24.8% during the 4th quarter. Nan Fung Trinity HK Ltd. now owns 920,800 shares of the exchange traded fund’s stock valued at $46,860,000 after purchasing an additional 182,700 shares during the last quarter. Assetmark Inc. increased its position in iShares MSCI South Korea ETF by 6,375.0% during the 4th quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 765 shares in the last quarter. Finally, abrdn plc bought a new position in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $3,083,000.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA EWY opened at $54.31 on Friday. The firm’s fifty day moving average price is $55.27 and its two-hundred day moving average price is $56.64. The stock has a market cap of $2.92 billion, a PE ratio of 9.48 and a beta of 1.09. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $69.52.

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.