iShares MSCI South Korea ETF $EWY Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lessened its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 48.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,864 shares of the exchange traded fund’s stock after selling 67,300 shares during the period. Allspring Global Investments Holdings LLC owned 0.10% of iShares MSCI South Korea ETF worth $5,756,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Mainstream Capital Management LLC purchased a new position in iShares MSCI South Korea ETF during the third quarter worth approximately $222,000. Cobblestone Asset Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the third quarter worth $644,000. Blue Trust Inc. raised its stake in shares of iShares MSCI South Korea ETF by 16.6% in the 3rd quarter. Blue Trust Inc. now owns 1,985 shares of the exchange traded fund’s stock valued at $159,000 after acquiring an additional 283 shares during the period. CWM LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 50.5% during the 3rd quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 301 shares in the last quarter. Finally, JGP Wealth Management LLC acquired a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at $232,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $107.61 on Wednesday. The business has a 50-day moving average of $94.29 and a 200-day moving average of $83.01. The company has a market capitalization of $8.98 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $107.65.

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.