Meeder Asset Management Inc. Sells 4,703 Shares of iShares MSCI South Korea ETF $EWY

Meeder Asset Management Inc. trimmed its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 52.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,315 shares of the exchange traded fund’s stock after selling 4,703 shares during the quarter. Meeder Asset Management Inc.’s holdings in iShares MSCI South Korea ETF were worth $531,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in EWY. Morgan Stanley increased its position in shares of iShares MSCI South Korea ETF by 31.5% in the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock worth $331,054,000 after purchasing an additional 814,877 shares during the last quarter. Bridgewater Associates LP raised its stake in iShares MSCI South Korea ETF by 1.8% in the fourth quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock valued at $201,475,000 after purchasing an additional 37,242 shares in the last quarter. Hsbc Holdings PLC lifted its position in iShares MSCI South Korea ETF by 1,764.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock valued at $184,457,000 after purchasing an additional 1,795,557 shares during the last quarter. Temasek Holdings Private Ltd lifted its position in iShares MSCI South Korea ETF by 116.6% during the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after purchasing an additional 858,598 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its position in shares of iShares MSCI South Korea ETF by 44.0% during the 4th quarter. Rafferty Asset Management LLC now owns 1,224,622 shares of the exchange traded fund’s stock valued at $119,058,000 after buying an additional 373,916 shares in the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA EWY opened at $162.86 on Tuesday. iShares MSCI South Korea ETF has a 52-week low of $70.36 and a 52-week high of $220.89. The company has a fifty day moving average of $190.81 and a 200-day moving average of $152.74. The company has a market capitalization of $21.73 billion, a P/E ratio of 10.35 and a beta of 1.46.

About iShares MSCI South Korea ETF

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.