MRA Advisory Group Sells 6,887 Shares of iShares MSCI South Korea ETF $EWY

MRA Advisory Group trimmed its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 12.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,831 shares of the exchange traded fund’s stock after selling 6,887 shares during the quarter. iShares MSCI South Korea ETF comprises 3.5% of MRA Advisory Group’s portfolio, making the stock its 7th largest position. MRA Advisory Group’s holdings in iShares MSCI South Korea ETF were worth $9,657,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of iShares MSCI South Korea ETF by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after purchasing an additional 52,259 shares during the last quarter. Creative Planning increased its holdings in shares of iShares MSCI South Korea ETF by 3.6% during the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 176 shares during the last quarter. M&T Bank Corp acquired a new stake in shares of iShares MSCI South Korea ETF during the 2nd quarter worth $203,000. Invesco Ltd. increased its holdings in shares of iShares MSCI South Korea ETF by 424.3% during the 2nd quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock worth $6,780,000 after buying an additional 76,444 shares during the last quarter. Finally, Cresset Asset Management LLC raised its position in shares of iShares MSCI South Korea ETF by 7.0% in the 2nd quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock worth $622,000 after buying an additional 565 shares during the period. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Trading Up 1.2%

Shares of iShares MSCI South Korea ETF stock opened at $166.09 on Friday. iShares MSCI South Korea ETF has a twelve month low of $70.93 and a twelve month high of $220.89. The stock has a market capitalization of $24.12 billion, a P/E ratio of 10.35 and a beta of 1.49. The business’s fifty day moving average price is $183.96 and its 200 day moving average price is $158.00.

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.