Manchester Capital Management LLC Sells 16,657 Shares of iShares MSCI South Korea ETF $EWY

Manchester Capital Management LLC decreased its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 94.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 900 shares of the exchange traded fund’s stock after selling 16,657 shares during the quarter. Manchester Capital Management LLC’s holdings in iShares MSCI South Korea ETF were worth $165,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake 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 valued at $1,344,351,000 after buying an additional 5,532,980 shares during the period. Hsbc Holdings PLC increased its stake in shares of iShares MSCI South Korea ETF by 1,764.2% in the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock worth $184,457,000 after acquiring an additional 1,795,557 shares during the last quarter. Bank of Nova Scotia increased 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 worth $224,348,000 after acquiring an additional 1,050,220 shares during the last quarter. Group One Trading LLC acquired a new position in shares of iShares MSCI South Korea ETF in the first quarter worth $30,984,000. Finally, Fifth Third Bancorp increased its stake in shares of iShares MSCI South Korea ETF by 1,140,390.9% in the first quarter. Fifth Third Bancorp now owns 250,908 shares of the exchange traded fund’s stock worth $30,864,000 after acquiring an additional 250,886 shares during the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 1.5%

Shares of NYSEARCA:EWY opened at $151.26 on Friday. iShares MSCI South Korea ETF has a 1 year low of $86.90 and a 1 year high of $220.89. The business has a fifty day simple moving average of $177.48 and a 200 day simple moving average of $176.70. The firm has a market cap of $22.07 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51.

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. 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.