iShares MSCI South Korea ETF $EWY Shares Sold by Compass Financial Management LLC

Compass Financial Management LLC decreased its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 90.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,363 shares of the exchange traded fund’s stock after selling 13,645 shares during the quarter. Compass Financial Management LLC’s holdings in iShares MSCI South Korea ETF were worth $249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of iShares MSCI South Korea ETF by 102.5% during the 1st quarter. Bank of America Corp DE now owns 10,928,797 shares of the exchange traded fund’s stock worth $1,344,351,000 after buying an additional 5,532,980 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of iShares MSCI South Korea ETF by 135.8% in the first quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock valued at $224,348,000 after buying an additional 1,050,220 shares in the last quarter. Group One Trading LLC acquired a new stake in iShares MSCI South Korea ETF during the first quarter valued at approximately $30,984,000. Fifth Third Bancorp lifted its position in iShares MSCI South Korea ETF by 1,140,390.9% in the 1st quarter. Fifth Third Bancorp now owns 250,908 shares of the exchange traded fund’s stock valued at $30,864,000 after purchasing an additional 250,886 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in iShares MSCI South Korea ETF by 368.1% during the second quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock worth $61,258,000 after acquiring an additional 238,591 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 4.1%

Shares of EWY opened at $137.01 on Friday. iShares MSCI South Korea ETF has a 12 month low of $86.90 and a 12 month high of $220.89. The company’s fifty day moving average is $172.04 and its 200-day moving average is $163.00. The firm has a market cap of $20.08 billion, a price-to-earnings ratio of 10.35 and a beta of 1.60.

iShares MSCI South Korea ETF Company 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.