Allspring Global Investments Holdings LLC Cuts Stake in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Allspring Global Investments Holdings LLC cut its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 168,034 shares of the exchange traded fund’s stock after selling 23,886 shares during the period. Allspring Global Investments Holdings LLC owned 0.21% of iShares MSCI South Korea ETF worth $8,551,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of EWY. Leavell Investment Management Inc. acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $403,000. Wilmington Savings Fund Society FSB raised its stake in iShares MSCI South Korea ETF by 2,064.2% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 5,194 shares of the exchange traded fund’s stock worth $264,000 after acquiring an additional 4,954 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in iShares MSCI South Korea ETF during the 4th quarter worth about $233,000. Financial Advocates Investment Management grew its stake in iShares MSCI South Korea ETF by 2.8% during the 4th quarter. Financial Advocates Investment Management now owns 49,069 shares of the exchange traded fund’s stock valued at $2,497,000 after purchasing an additional 1,344 shares during the last quarter. Finally, Ping Capital Management Inc. acquired a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at about $204,000.

iShares MSCI South Korea ETF Trading Up 1.3 %

EWY opened at $57.44 on Wednesday. iShares MSCI South Korea ETF has a 12-month low of $50.74 and a 12-month high of $69.51. The firm has a 50 day moving average of $54.18 and a two-hundred day moving average of $58.92. The firm has a market capitalization of $4.56 billion, a PE ratio of 9.60 and a beta of 1.25.

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.