Bessemer Group Inc. Reduces Stock Holdings in iShares MSCI South Korea ETF $EWY

Bessemer Group Inc. lessened its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 12.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,996 shares of the exchange traded fund’s stock after selling 6,653 shares during the quarter. Bessemer Group Inc.’s holdings in iShares MSCI South Korea ETF were worth $5,657,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Morgan Stanley boosted its holdings in shares of iShares MSCI South Korea ETF by 31.5% in the 4th quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock valued at $331,054,000 after buying an additional 814,877 shares in the last quarter. Bridgewater Associates LP raised its stake in iShares MSCI South Korea ETF by 1.8% during the 4th quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock worth $201,475,000 after acquiring an additional 37,242 shares in the last quarter. Hsbc Holdings PLC lifted its position in 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 valued at $184,457,000 after acquiring an additional 1,795,557 shares during the last quarter. Temasek Holdings Private Ltd lifted its position in iShares MSCI South Korea ETF by 116.6% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after acquiring an additional 858,598 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in iShares MSCI South Korea ETF by 44.0% in the fourth quarter. Rafferty Asset Management LLC now owns 1,224,622 shares of the exchange traded fund’s stock valued at $119,058,000 after acquiring an additional 373,916 shares in the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $162.86 on Tuesday. The stock’s 50-day moving average is $190.81 and its two-hundred day moving average is $152.74. iShares MSCI South Korea ETF has a 1 year low of $70.36 and a 1 year high of $220.89. The firm has a market cap of $21.73 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

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.