Comerica Bank Sells 29,395 Shares of iShares MSCI South Korea ETF $EWY

Comerica Bank decreased its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 10.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 245,631 shares of the exchange traded fund’s stock after selling 29,395 shares during the period. Comerica Bank owned approximately 0.26% of iShares MSCI South Korea ETF worth $23,880,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in EWY. Goldman Sachs Group Inc. boosted its stake in iShares MSCI South Korea ETF by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after buying an additional 52,259 shares during the period. Creative Planning boosted its stake in iShares MSCI South Korea ETF by 3.6% during the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 176 shares during the period. M&T Bank Corp bought a new stake in iShares MSCI South Korea ETF during the second quarter valued at $203,000. Invesco Ltd. boosted its stake in iShares MSCI South Korea ETF by 424.3% during the second quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after buying an additional 76,444 shares during the period. Finally, Cresset Asset Management LLC boosted its stake in iShares MSCI South Korea ETF by 7.0% during the second quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock valued at $622,000 after buying an additional 565 shares during the period. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY opened at $156.73 on Tuesday. The firm has a market capitalization of $20.76 billion, a price-to-earnings ratio of 10.35 and a beta of 1.23. iShares MSCI South Korea ETF has a 52-week low of $55.33 and a 52-week high of $158.10. The stock has a fifty day moving average of $136.15 and a 200 day moving average of $113.51.

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.