The Manufacturers Life Insurance Company Raises Stock Holdings in iShares MSCI South Korea ETF $EWY

The Manufacturers Life Insurance Company lifted its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 368.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 303,408 shares of the exchange traded fund’s stock after buying an additional 238,591 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.21% of iShares MSCI South Korea ETF worth $61,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in EWY. Viewpoint Capital Management LLC grew its stake in shares of iShares MSCI South Korea ETF by 20,000.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Archer Investment Corp purchased a new position in iShares MSCI South Korea ETF during the first quarter valued at approximately $25,000. Prestige Wealth Management Group LLC purchased a new position in iShares MSCI South Korea ETF during the first quarter valued at approximately $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $26,000. Finally, Parallel Advisors LLC bought a new position in shares of iShares MSCI South Korea ETF in the first quarter worth approximately $29,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

EWY opened at $188.72 on Friday. The company has a 50 day simple moving average of $174.11 and a two-hundred day simple moving average of $167.62. The firm has a market cap of $27.40 billion, a P/E ratio of 10.35 and a beta of 1.51. iShares MSCI South Korea ETF has a 1-year low of $78.27 and a 1-year high of $220.89.

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. 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.