Lmcg Investments LLC Trims Stock Position in iShares MSCI South Korea ETF $EWY

Lmcg Investments LLC lessened its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 4.3% during the 2nd quarter, Holdings Channel reports. The firm owned 55,463 shares of the exchange traded fund’s stock after selling 2,513 shares during the quarter. Lmcg Investments LLC’s holdings in iShares MSCI South Korea ETF were worth $3,981,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of EWY. New Vernon Capital Holdings II LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 5,822.0% in the first quarter. New Vernon Capital Holdings II LLC now owns 1,420,928 shares of the exchange traded fund’s stock valued at $76,787,000 after purchasing an additional 1,396,934 shares in the last quarter. TD Asset Management Inc purchased a new stake in shares of iShares MSCI South Korea ETF in the first quarter valued at about $44,774,000. DRW Securities LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the first quarter valued at about $16,649,000. Sun Life Financial Inc. lifted its holdings in shares of iShares MSCI South Korea ETF by 21.9% in the first quarter. Sun Life Financial Inc. now owns 1,549,773 shares of the exchange traded fund’s stock valued at $83,750,000 after purchasing an additional 278,300 shares in the last quarter. Finally, OLD Mission Capital LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 44.9% in the first quarter. OLD Mission Capital LLC now owns 829,739 shares of the exchange traded fund’s stock valued at $44,839,000 after purchasing an additional 257,146 shares in the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $80.72 on Friday. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $85.06. The company has a market capitalization of $5.70 billion, a PE ratio of 10.35 and a beta of 1.05. The firm’s 50-day moving average is $76.65 and its two-hundred day moving average is $67.59.

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.