iShares MSCI South Korea ETF (NYSEARCA:EWY) Shares Sold by Synovus Financial Corp

Synovus Financial Corp cut its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,611 shares of the exchange traded fund’s stock after selling 2,012 shares during the quarter. Synovus Financial Corp’s holdings in iShares MSCI South Korea ETF were worth $2,626,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Rockefeller Capital Management L.P. increased its position in iShares MSCI South Korea ETF by 13.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 27,982 shares of the exchange traded fund’s stock worth $1,424,000 after purchasing an additional 3,210 shares during the last quarter. Quinn Opportunity Partners LLC increased its holdings in shares of iShares MSCI South Korea ETF by 104.5% during the 4th quarter. Quinn Opportunity Partners LLC now owns 208,384 shares of the exchange traded fund’s stock worth $10,605,000 after buying an additional 106,500 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $2,134,000. Advisory Services Network LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $273,000. Finally, Wellington Management Group LLP purchased a new position in iShares MSCI South Korea ETF in the fourth quarter worth approximately $2,360,000.

iShares MSCI South Korea ETF Stock Up 0.1 %

NYSEARCA:EWY opened at $54.35 on Tuesday. iShares MSCI South Korea ETF has a 52 week low of $48.49 and a 52 week high of $69.52. The stock’s fifty day moving average is $55.26 and its two-hundred day moving average is $56.48. The company has a market capitalization of $2.92 billion, a P/E ratio of 9.48 and a beta of 1.09.

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.