Franklin Resources Inc. Reduces Stock Holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Franklin Resources Inc. lessened its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,415 shares of the exchange traded fund’s stock after selling 1,842 shares during the period. Franklin Resources Inc. owned approximately 0.06% of iShares MSCI South Korea ETF worth $3,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWY. Headlands Technologies LLC purchased a new stake in iShares MSCI South Korea ETF in the 2nd quarter worth approximately $29,000. Hara Capital LLC purchased a new stake in iShares MSCI South Korea ETF during the third quarter worth $34,000. Farther Finance Advisors LLC grew its position in iShares MSCI South Korea ETF by 1,964.3% during the third quarter. Farther Finance Advisors LLC now owns 578 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 550 shares during the period. International Assets Investment Management LLC purchased a new position in iShares MSCI South Korea ETF in the second quarter valued at $49,000. Finally, Prudential PLC acquired a new position in shares of iShares MSCI South Korea ETF in the second quarter worth about $81,000.

iShares MSCI South Korea ETF Stock Down 0.1 %

NYSEARCA:EWY opened at $52.71 on Thursday. iShares MSCI South Korea ETF has a 52 week low of $51.90 and a 52 week high of $69.51. The stock’s 50-day moving average price is $57.54 and its 200-day moving average price is $62.15. The stock has a market capitalization of $4.19 billion, a PE ratio of 9.60 and a beta of 1.25.

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.