HighTower Advisors LLC Sells 12,648 Shares of iShares MSCI South Korea ETF $EWY

HighTower Advisors LLC decreased its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 17.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,014 shares of the exchange traded fund’s stock after selling 12,648 shares during the quarter. HighTower Advisors LLC owned approximately 0.08% of iShares MSCI South Korea ETF worth $4,807,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EWY. Goldman Sachs Group Inc. raised its position in iShares MSCI South Korea ETF by 27.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock worth $12,967,000 after purchasing an additional 52,259 shares during the last quarter. CWM LLC increased its stake in shares of iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 457 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares MSCI South Korea ETF by 1.7% during the second quarter. Envestnet Asset Management Inc. now owns 233,118 shares of the exchange traded fund’s stock worth $16,733,000 after acquiring an additional 3,842 shares during the last quarter. Bessemer Group Inc. raised its position in shares of iShares MSCI South Korea ETF by 128.5% during the second quarter. Bessemer Group Inc. now owns 59,403 shares of the exchange traded fund’s stock worth $4,264,000 after acquiring an additional 33,410 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of iShares MSCI South Korea ETF in the second quarter worth approximately $1,582,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $144.55 on Wednesday. The stock has a market capitalization of $14.22 billion, a PE ratio of 10.35 and a beta of 1.22. The business’s 50 day simple moving average is $114.36 and its 200 day simple moving average is $95.22. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $145.62.

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.