iShares MSCI South Korea ETF $EWY Stock Position Cut by Everett Harris & Co. CA

Everett Harris & Co. CA lessened its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 98.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,400 shares of the exchange traded fund’s stock after selling 205,447 shares during the period. Everett Harris & Co. CA’s holdings in iShares MSCI South Korea ETF were worth $439,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of EWY. Archer Investment Corp acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $25,000. Prestige Wealth Management Group LLC bought a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter valued at approximately $25,000. GK Wealth Management LLC bought a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at approximately $25,000. Parallel Advisors LLC acquired a new position in iShares MSCI South Korea ETF during the 1st quarter worth approximately $29,000. Finally, Sunbelt Securities Inc. increased its position in iShares MSCI South Korea ETF by 66.2% during the 1st quarter. Sunbelt Securities Inc. now owns 251 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

EWY stock opened at $152.89 on Friday. The stock has a market cap of $22.41 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51. The company has a 50 day simple moving average of $175.36 and a 200 day simple moving average of $162.12. iShares MSCI South Korea ETF has a 1 year low of $86.90 and a 1 year 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.