iShares MSCI South Korea ETF $EWY Position Lessened by Morningstar Investment Management LLC

Morningstar Investment Management LLC decreased its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 25.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 318,457 shares of the exchange traded fund’s stock after selling 108,319 shares during the period. iShares MSCI South Korea ETF comprises 2.0% of Morningstar Investment Management LLC’s holdings, making the stock its 13th largest position. Morningstar Investment Management LLC’s holdings in iShares MSCI South Korea ETF were worth $22,859,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Cypress Capital Group lifted its holdings in shares of iShares MSCI South Korea ETF by 11.0% in the 2nd quarter. Cypress Capital Group now owns 7,050 shares of the exchange traded fund’s stock worth $506,000 after purchasing an additional 700 shares during the last quarter. Prostatis Group LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 2nd quarter worth approximately $3,039,000. CWM LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 328.8% in the 2nd quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 457 shares during the last quarter. Summit Place Financial Advisors LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 1.9% in the 2nd quarter. Summit Place Financial Advisors LLC now owns 26,415 shares of the exchange traded fund’s stock worth $1,896,000 after purchasing an additional 485 shares during the last quarter. Finally, Aberdeen Group plc lifted its holdings in shares of iShares MSCI South Korea ETF by 41.2% in the 2nd quarter. Aberdeen Group plc now owns 159,066 shares of the exchange traded fund’s stock worth $11,397,000 after purchasing an additional 46,451 shares during the last quarter. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 3.6%

Shares of NYSEARCA EWY opened at $83.62 on Tuesday. The company has a market cap of $5.90 billion, a price-to-earnings ratio of 10.35 and a beta of 1.05. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $85.06. The stock’s 50 day simple moving average is $76.88 and its 200 day simple moving average is $67.95.

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.