iShares MSCI South Korea ETF $EWY Shares Sold by Lmcg Investments LLC

Lmcg Investments LLC decreased its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 10.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,072 shares of the exchange traded fund’s stock after selling 5,595 shares during the period. Lmcg Investments LLC’s holdings in iShares MSCI South Korea ETF were worth $5,790,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWY. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of iShares MSCI South Korea ETF in the fourth quarter worth about $2,231,000. Diversify Advisory Services LLC acquired a new stake in iShares MSCI South Korea ETF during the 3rd quarter valued at approximately $689,000. Ehrenkranz Partners L.P. purchased a new stake in iShares MSCI South Korea ETF during the 3rd quarter worth approximately $12,744,000. CIBC Bancorp USA Inc. purchased a new stake in iShares MSCI South Korea ETF during the 3rd quarter worth approximately $8,432,000. Finally, Main Street Research LLC purchased a new stake in iShares MSCI South Korea ETF during the 4th quarter worth approximately $34,558,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Up 0.8%

Shares of EWY opened at $182.72 on Thursday. The firm has a market cap of $21.92 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The business’s 50 day moving average is $191.03 and its two-hundred day moving average is $148.41. iShares MSCI South Korea ETF has a 52-week low of $70.36 and a 52-week high of $220.89.

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. 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.