Aberdeen Group plc Has $6.03 Million Stake in iShares MSCI South Korea ETF $EWY

Aberdeen Group plc increased its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 86.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,615 shares of the exchange traded fund’s stock after purchasing an additional 52,067 shares during the period. Aberdeen Group plc owned approximately 0.22% of iShares MSCI South Korea ETF worth $6,031,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EWY. Mondrian Investment Partners LTD raised its holdings in iShares MSCI South Korea ETF by 6.2% during the first quarter. Mondrian Investment Partners LTD now owns 5,273 shares of the exchange traded fund’s stock worth $285,000 after buying an additional 309 shares during the last quarter. Nuveen LLC bought a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth about $2,532,000. Deutsche Bank AG raised its holdings in shares of iShares MSCI South Korea ETF by 226.2% in the 1st quarter. Deutsche Bank AG now owns 3,533 shares of the exchange traded fund’s stock worth $191,000 after acquiring an additional 2,450 shares during the last quarter. J. Safra Sarasin Holding AG acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter worth about $973,000. Finally, PNC Financial Services Group Inc. lifted its position in iShares MSCI South Korea ETF by 36.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,447 shares of the exchange traded fund’s stock valued at $186,000 after acquiring an additional 912 shares in the last quarter. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $71.36 on Thursday. The business has a 50-day simple moving average of $71.92 and a two-hundred day simple moving average of $62.02. The company has a market capitalization of $5.12 billion, a P/E ratio of 10.35 and a beta of 1.05. 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.