PNC Financial Services Group Inc. Has $1.14 Million Holdings in iShares MSCI South Korea ETF $EWY

PNC Financial Services Group Inc. lifted its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 141.5% during the first quarter, HoldingsChannel.com reports. The firm owned 9,284 shares of the exchange traded fund’s stock after purchasing an additional 5,440 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI South Korea ETF were worth $1,142,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in EWY. Viewpoint Capital Management LLC grew its position in iShares MSCI South Korea ETF by 20,000.0% in the first quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Archer Investment Corp acquired a new stake in iShares MSCI South Korea ETF in the 1st quarter valued at $25,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in iShares MSCI South Korea ETF during the 4th quarter worth about $26,000. Nvwm LLC bought a new stake in iShares MSCI South Korea ETF during the 4th quarter worth about $29,000. Finally, Parallel Advisors LLC bought a new stake in iShares MSCI South Korea ETF during the 1st quarter worth about $29,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

iShares MSCI South Korea ETF stock opened at $157.10 on Friday. The firm has a 50-day moving average of $187.21 and a 200-day moving average of $156.03. iShares MSCI South Korea ETF has a one year low of $70.36 and a one year high of $220.89. The company has a market cap of $22.38 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.