iShares MSCI South Korea ETF $EWY Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 36.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,447 shares of the exchange traded fund’s stock after acquiring an additional 912 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI South Korea ETF were worth $186,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWY. Cerity Partners LLC purchased a new stake in iShares MSCI South Korea ETF in the first quarter valued at approximately $1,629,000. Sun Life Financial Inc. grew its holdings in iShares MSCI South Korea ETF by 21.9% in the first quarter. Sun Life Financial Inc. now owns 1,549,773 shares of the exchange traded fund’s stock valued at $83,750,000 after purchasing an additional 278,300 shares during the period. Sender Co & Partners Inc. purchased a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $4,326,000. Bank of America Corp DE grew its stake in iShares MSCI South Korea ETF by 113.1% during the fourth quarter. Bank of America Corp DE now owns 2,012,789 shares of the exchange traded fund’s stock worth $102,431,000 after buying an additional 1,068,280 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth $216,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

EWY opened at $73.39 on Monday. The stock has a market capitalization of $5.27 billion, a PE ratio of 10.35 and a beta of 1.05. The firm’s fifty day moving average price is $71.60 and its 200 day moving average price is $61.75. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $74.96.

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.