Rhumbline Advisers Sells 262,386 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

Rhumbline Advisers decreased its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 86.2% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 41,978 shares of the exchange traded fund’s stock after selling 262,386 shares during the period. Rhumbline Advisers owned about 0.05% of iShares MSCI South Korea ETF worth $2,774,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in iShares MSCI South Korea ETF during the 2nd quarter worth about $49,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in iShares MSCI South Korea ETF by 21.6% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,510 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 800 shares in the last quarter. Financial Advocates Investment Management boosted its position in iShares MSCI South Korea ETF by 6.0% during the second quarter. Financial Advocates Investment Management now owns 44,382 shares of the exchange traded fund’s stock valued at $2,933,000 after purchasing an additional 2,500 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in iShares MSCI South Korea ETF by 0.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 230,036 shares of the exchange traded fund’s stock valued at $15,203,000 after purchasing an additional 715 shares during the last quarter. Finally, Patten Group Inc. grew its stake in iShares MSCI South Korea ETF by 7.2% in the second quarter. Patten Group Inc. now owns 5,703 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 382 shares in the last quarter.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $63.26 on Thursday. The company has a fifty day moving average price of $64.51 and a two-hundred day moving average price of $64.89. iShares MSCI South Korea ETF has a one year low of $54.49 and a one year high of $69.51. The stock has a market cap of $5.02 billion, a P/E ratio of 9.60 and a beta of 1.25.

iShares MSCI South Korea ETF Company 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.