iShares MSCI South Korea ETF $EWY Stock Position Lowered by MRA Advisory Group

MRA Advisory Group lessened its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 47.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,280 shares of the exchange traded fund’s stock after selling 22,551 shares during the period. iShares MSCI South Korea ETF comprises about 1.7% of MRA Advisory Group’s holdings, making the stock its 20th largest holding. MRA Advisory Group’s holdings in iShares MSCI South Korea ETF were worth $4,621,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Byrne Asset Management LLC purchased a new position in iShares MSCI South Korea ETF in the 3rd quarter worth approximately $47,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares MSCI South Korea ETF in the third quarter valued at approximately $1,073,000. Polaris Financial Partners purchased a new stake in shares of iShares MSCI South Korea ETF during the third quarter valued at approximately $233,000. Boltwood Capital Management bought a new position in shares of iShares MSCI South Korea ETF in the third quarter worth approximately $908,000. Finally, Confluence Investment Management LLC bought a new position in shares of iShares MSCI South Korea ETF in the third quarter worth approximately $294,000. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY traded down $2.13 during mid-day trading on Wednesday, hitting $184.27. The stock had a trading volume of 8,090,799 shares, compared to its average volume of 19,040,211. iShares MSCI South Korea ETF has a 1 year low of $80.63 and a 1 year high of $220.89. The business has a 50 day moving average price of $178.47 and a two-hundred day moving average price of $173.68. The firm has a market cap of $26.28 billion, a P/E ratio of 10.35 and a beta of 1.51.

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.