Nations Financial Group Inc. IA ADV Makes New Investment in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Nations Financial Group Inc. IA ADV acquired a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,300 shares of the exchange traded fund’s stock, valued at approximately $1,367,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC bought a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at $1,629,000. Sun Life Financial Inc. lifted its holdings in shares of iShares MSCI South Korea ETF by 21.9% during 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 acquiring an additional 278,300 shares during the period. Sender Co & Partners Inc. bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at $4,326,000. Bank of America Corp DE lifted its holdings in shares of 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 valued at $102,431,000 after acquiring an additional 1,068,280 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at $216,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $73.39 on Friday. The stock has a market cap of $5.27 billion, a PE ratio of 10.35 and a beta of 1.05. The business has a fifty day moving average of $71.60 and a two-hundred day moving average of $61.66. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $74.96.

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.