USS Investment Management Ltd Reduces Position in iShares MSCI South Korea ETF $EWY

USS Investment Management Ltd cut its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 14.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 740,253 shares of the exchange traded fund’s stock after selling 127,190 shares during the period. USS Investment Management Ltd owned 0.75% of iShares MSCI South Korea ETF worth $71,960,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in shares of iShares MSCI South Korea ETF by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after buying an additional 52,259 shares during the last quarter. Creative Planning grew its position in shares of iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 176 shares during the last quarter. M&T Bank Corp purchased a new position in shares of iShares MSCI South Korea ETF in the 2nd quarter valued at $203,000. Invesco Ltd. grew its position in shares of iShares MSCI South Korea ETF by 424.3% in the 2nd quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after buying an additional 76,444 shares during the last quarter. Finally, Cresset Asset Management LLC grew its position in shares of iShares MSCI South Korea ETF by 7.0% in the 2nd quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock valued at $622,000 after buying an additional 565 shares during the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA EWY opened at $197.45 on Monday. The firm’s fifty day moving average price is $170.90 and its 200 day moving average price is $134.96. The company has a market capitalization of $26.27 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. iShares MSCI South Korea ETF has a 12 month low of $66.11 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.