Financiere des Professionnels Fonds d investissement inc. Cuts Stake in iShares MSCI South Korea ETF $EWY

Financiere des Professionnels Fonds d investissement inc. lowered its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 19.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 52,500 shares of the exchange traded fund’s stock after selling 12,500 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares MSCI South Korea ETF were worth $6,458,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. increased its position in shares of iShares MSCI South Korea ETF by 27.8% in the first quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after acquiring an additional 52,259 shares during the period. Creative Planning boosted its position in shares of iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 176 shares in the last quarter. M&T Bank Corp purchased a new stake in shares of iShares MSCI South Korea ETF in the second quarter worth $203,000. Invesco Ltd. grew its position in iShares MSCI South Korea ETF by 424.3% during the 2nd quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after purchasing an additional 76,444 shares during the last quarter. Finally, Cresset Asset Management LLC raised its holdings in iShares MSCI South Korea ETF by 7.0% in the 2nd quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock worth $622,000 after acquiring an additional 565 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

EWY opened at $163.36 on Friday. The stock has a market capitalization of $19.41 billion, a P/E ratio of 10.35 and a beta of 1.46. The company’s 50-day simple moving average is $191.96 and its two-hundred day simple moving average is $151.84. iShares MSCI South Korea ETF has a 52-week low of $70.36 and a 52-week high of $220.89.

About iShares MSCI South Korea ETF

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.