Sei Investments Co. Sells 114,383 Shares of iShares MSCI South Korea ETF $EWY

Sei Investments Co. cut its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 66.0% during the first quarter, HoldingsChannel reports. The firm owned 58,932 shares of the exchange traded fund’s stock after selling 114,383 shares during the quarter. Sei Investments Co.’s holdings in iShares MSCI South Korea ETF were worth $7,249,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Prestige Wealth Management Group LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 1st quarter worth approximately $25,000. Viewpoint Capital Management LLC raised its holdings in iShares MSCI South Korea ETF by 20,000.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 200 shares during the period. Archer Investment Corp purchased a new stake in iShares MSCI South Korea ETF during the 1st quarter valued at $25,000. Parallel Advisors LLC purchased a new stake in iShares MSCI South Korea ETF during the 1st quarter valued at $29,000. Finally, Barrow Hanley Mewhinney & Strauss LLC bought a new stake in iShares MSCI South Korea ETF in the fourth quarter worth $26,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA EWY opened at $157.10 on Monday. The company has a fifty day moving average of $187.21 and a two-hundred day moving average of $156.37. The firm has a market capitalization of $22.41 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. 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 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.