iShares MSCI South Korea ETF $EWY Shares Sold by Empowered Funds LLC

Empowered Funds LLC lowered its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 79.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,866 shares of the exchange traded fund’s stock after selling 41,948 shares during the period. Empowered Funds LLC’s holdings in iShares MSCI South Korea ETF were worth $1,337,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Viewpoint Capital Management LLC lifted its stake in iShares MSCI South Korea ETF by 20,000.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Archer Investment Corp purchased a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at $25,000. Prestige Wealth Management Group LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at $25,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the fourth quarter worth $26,000. Finally, Parallel Advisors LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the first quarter worth $29,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

Shares of iShares MSCI South Korea ETF stock opened at $166.09 on Friday. The firm has a fifty day moving average price of $183.96 and a 200 day moving average price of $158.00. iShares MSCI South Korea ETF has a 1 year low of $70.93 and a 1 year high of $220.89. The stock has a market cap of $24.12 billion, a PE ratio of 10.35 and a beta of 1.49.

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.