TD Asset Management Inc Has $71.81 Million Stock Holdings in iShares MSCI South Korea ETF $EWY

TD Asset Management Inc decreased its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 51.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 738,632 shares of the exchange traded fund’s stock after selling 797,900 shares during the quarter. TD Asset Management Inc’s holdings in iShares MSCI South Korea ETF were worth $71,810,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cibc World Market Inc. lifted its position in iShares MSCI South Korea ETF by 4.7% in the 4th quarter. Cibc World Market Inc. now owns 85,040 shares of the exchange traded fund’s stock worth $8,268,000 after buying an additional 3,825 shares in the last quarter. Lido Advisors LLC lifted its position in iShares MSCI South Korea ETF by 2.1% in the 4th quarter. Lido Advisors LLC now owns 50,156 shares of the exchange traded fund’s stock worth $4,876,000 after buying an additional 1,050 shares in the last quarter. BlackDiamond Wealth Management LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $272,000. One Capital Management LLC lifted its position in iShares MSCI South Korea ETF by 12.5% in the 4th quarter. One Capital Management LLC now owns 6,844 shares of the exchange traded fund’s stock worth $665,000 after buying an additional 758 shares in the last quarter. Finally, Belvedere Trading LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $843,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Down 14.1%

EWY stock opened at $175.19 on Friday. iShares MSCI South Korea ETF has a 12-month low of $65.28 and a 12-month high of $217.76. The company has a market cap of $23.31 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. The company has a 50 day moving average of $164.14 and a two-hundred day moving average of $131.21.

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.