Invesco Ltd. Sells 1,216 Shares of iShares MSCI South Korea ETF $EWY

Invesco Ltd. lowered its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 6.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,017 shares of the exchange traded fund’s stock after selling 1,216 shares during the quarter. Invesco Ltd.’s holdings in iShares MSCI South Korea ETF were worth $974,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EWY. Private Trust Co. NA increased its position in iShares MSCI South Korea ETF by 325.3% during the first quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 540 shares during the last quarter. Private Wealth Management Group LLC bought a new stake in shares of iShares MSCI South Korea ETF in the first quarter valued at approximately $39,000. Hara Capital LLC boosted its stake in shares of iShares MSCI South Korea ETF by 75.5% in the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 400 shares during the period. Grove Bank & Trust bought a new stake in shares of iShares MSCI South Korea ETF in the first quarter valued at approximately $54,000. Finally, Deutsche Bank AG lifted its stake in iShares MSCI South Korea ETF by 21.1% during the fourth quarter. Deutsche Bank AG now owns 1,083 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 189 shares during the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

NYSEARCA EWY opened at $71.92 on Wednesday. The business has a fifty day moving average price of $72.66 and a two-hundred day moving average price of $63.16. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $74.96. The stock has a market capitalization of $5.16 billion, a PE ratio of 10.35 and a beta of 1.05.

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.