Maytus Capital Management LLC Cuts Holdings in iShares MSCI South Korea ETF $EWY

Maytus Capital Management LLC lowered its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 45.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,000 shares of the exchange traded fund’s stock after selling 91,270 shares during the quarter. iShares MSCI South Korea ETF comprises 2.5% of Maytus Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. Maytus Capital Management LLC’s holdings in iShares MSCI South Korea ETF were worth $10,694,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. bought a new stake in iShares MSCI South Korea ETF during the fourth quarter valued at $2,231,000. Diversify Advisory Services LLC bought a new stake in iShares MSCI South Korea ETF during the third quarter valued at $689,000. Choreo LLC bought a new stake in iShares MSCI South Korea ETF during the third quarter valued at $376,000. Ehrenkranz Partners L.P. bought a new stake in iShares MSCI South Korea ETF during the third quarter valued at $12,744,000. Finally, Group One Trading LLC boosted its position in iShares MSCI South Korea ETF by 20.4% during the third quarter. Group One Trading LLC now owns 66,107 shares of the exchange traded fund’s stock valued at $5,295,000 after acquiring an additional 11,195 shares during the last quarter. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Down 2.6%

Shares of EWY opened at $205.91 on Wednesday. The stock has a market capitalization of $27.40 billion, a P/E ratio of 10.35 and a beta of 1.45. The firm’s fifty day simple moving average is $174.33 and its two-hundred day simple moving average is $136.62. iShares MSCI South Korea ETF has a 12 month low of $66.61 and a 12 month high of $217.76.

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.