Sumitomo Mitsui Trust Holdings Inc. Increases Stock Position in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 128.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,960 shares of the exchange traded fund’s stock after acquiring an additional 27,509 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in iShares MSCI South Korea ETF were worth $3,286,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sunbelt Securities Inc. lifted its stake in iShares MSCI South Korea ETF by 59.3% during the 1st quarter. Sunbelt Securities Inc. now owns 16,268 shares of the exchange traded fund’s stock worth $1,092,000 after acquiring an additional 6,059 shares in the last quarter. Founders Capital Management acquired a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth about $27,000. CWM LLC boosted its stake in shares of iShares MSCI South Korea ETF by 460.0% in the first quarter. CWM LLC now owns 1,120 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 920 shares during the period. Boltwood Capital Management grew its holdings in shares of iShares MSCI South Korea ETF by 10.5% in the first quarter. Boltwood Capital Management now owns 5,250 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 500 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in iShares MSCI South Korea ETF by 17.5% during the 4th quarter. Fisher Asset Management LLC now owns 6,232 shares of the exchange traded fund’s stock worth $408,000 after buying an additional 927 shares during the period.

iShares MSCI South Korea ETF Stock Up 0.1 %

Shares of EWY stock opened at $68.85 on Friday. The firm has a 50 day moving average of $65.30 and a two-hundred day moving average of $64.25. The stock has a market capitalization of $5.47 billion, a PE ratio of 9.60 and a beta of 1.25. iShares MSCI South Korea ETF has a 52 week low of $54.49 and a 52 week high of $69.51.

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.