Whittier Trust Co. of Nevada Inc. Raises Position in iShares MSCI South Korea ETF $EWY

Whittier Trust Co. of Nevada Inc. lifted its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 58.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,858 shares of the exchange traded fund’s stock after acquiring an additional 12,128 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares MSCI South Korea ETF were worth $4,138,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Whittier Trust Co. raised its holdings in iShares MSCI South Korea ETF by 7.4% during the first quarter. Whittier Trust Co. now owns 47,360 shares of the exchange traded fund’s stock valued at $5,965,000 after acquiring an additional 3,275 shares during the period. Marietta Investment Partners LLC bought a new position in shares of iShares MSCI South Korea ETF in the first quarter worth about $1,746,000. Cobblestone Asset Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth about $619,000. World Investment Advisors bought a new position in iShares MSCI South Korea ETF in the 1st quarter worth approximately $445,000. Finally, Private Advisor Group LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 43.5% in the first quarter. Private Advisor Group LLC now owns 5,523 shares of the exchange traded fund’s stock worth $679,000 after buying an additional 1,674 shares in the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Down 5.7%

NYSEARCA EWY traded down $10.73 on Tuesday, reaching $179.12. The company had a trading volume of 6,237,079 shares, compared to its average volume of 19,564,539. The firm’s 50 day moving average price is $189.97 and its 200 day moving average price is $147.10. iShares MSCI South Korea ETF has a 12 month low of $70.36 and a 12 month high of $220.89. The stock has a market capitalization of $21.61 billion, a PE ratio of 10.35 and a beta of 1.46.

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. 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.