iShares MSCI South Korea ETF (NYSEARCA:EWY) Shares Sold by Sun Life Financial Inc.

Sun Life Financial Inc. lowered its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 9.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,271,473 shares of the exchange traded fund’s stock after selling 134,300 shares during the period. iShares MSCI South Korea ETF comprises 3.6% of Sun Life Financial Inc.’s investment portfolio, making the stock its 7th biggest holding. Sun Life Financial Inc.’s holdings in iShares MSCI South Korea ETF were worth $64,705,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of EWY. Assetmark Inc. grew its position in iShares MSCI South Korea ETF by 6,375.0% in the 4th quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 765 shares during the last quarter. Summit Securities Group LLC bought a new position in iShares MSCI South Korea ETF in the 4th quarter worth approximately $41,000. Hara Capital LLC increased its position in iShares MSCI South Korea ETF by 75.5% in the 4th quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 400 shares during the period. SBI Securities Co. Ltd. bought a new stake in iShares MSCI South Korea ETF during the 4th quarter valued at $49,000. Finally, Mainstream Capital Management LLC acquired a new position in iShares MSCI South Korea ETF during the 4th quarter worth $145,000.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY opened at $51.25 on Friday. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 10.54 and a beta of 1.12. iShares MSCI South Korea ETF has a 1 year low of $50.74 and a 1 year high of $69.52. The business has a fifty day moving average of $55.65 and a 200-day moving average of $57.23.

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.