Allspring Global Investments Holdings LLC Decreases Holdings in iShares MSCI South Korea ETF $EWY

Allspring Global Investments Holdings LLC trimmed its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 40.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,122 shares of the exchange traded fund’s stock after selling 28,742 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI South Korea ETF were worth $4,408,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. purchased a new stake in shares of iShares MSCI South Korea ETF during the third quarter worth approximately $394,000. ABC Arbitrage SA acquired a new stake in shares of iShares MSCI South Korea ETF in the third quarter valued at about $512,000. Cullen Capital Management LLC raised its position in shares of iShares MSCI South Korea ETF by 94.0% in the second quarter. Cullen Capital Management LLC now owns 196,402 shares of the exchange traded fund’s stock valued at $14,098,000 after buying an additional 95,185 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the third quarter valued at about $689,000. Finally, Cibc World Market Inc. raised its position in shares of iShares MSCI South Korea ETF by 6.2% in the third quarter. Cibc World Market Inc. now owns 81,215 shares of the exchange traded fund’s stock valued at $6,505,000 after buying an additional 4,733 shares during the last quarter. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Up 1.0%

Shares of NYSEARCA EWY opened at $127.19 on Wednesday. The firm has a 50-day simple moving average of $130.10 and a 200-day simple moving average of $107.04. iShares MSCI South Korea ETF has a 52 week low of $48.49 and a 52 week high of $154.22. The stock has a market capitalization of $16.57 billion, a price-to-earnings ratio of 10.35 and a beta of 1.23.

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. 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.