iShares MSCI South Korea ETF $EWY Holdings Cut by Avestar Capital LLC

Avestar Capital LLC trimmed its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 66.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,850 shares of the exchange traded fund’s stock after selling 7,579 shares during the quarter. Avestar Capital LLC’s holdings in iShares MSCI South Korea ETF were worth $704,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Arta Finance Wealth Management LLC boosted its stake in iShares MSCI South Korea ETF by 21.0% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 1,677 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 291 shares in the last quarter. Choreo LLC grew its holdings in shares of iShares MSCI South Korea ETF by 6.4% during the third quarter. Choreo LLC now owns 4,196 shares of the exchange traded fund’s stock valued at $767,000 after buying an additional 252 shares during the last quarter. Smith Group Asset Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the third quarter valued at approximately $430,000. Parametrica Management Ltd increased its position in shares of iShares MSCI South Korea ETF by 83.4% during the third quarter. Parametrica Management Ltd now owns 27,508 shares of the exchange traded fund’s stock valued at $5,028,000 after acquiring an additional 12,508 shares in the last quarter. Finally, WestEnd Advisors LLC increased its position in shares of iShares MSCI South Korea ETF by 142.3% during the third quarter. WestEnd Advisors LLC now owns 2,050 shares of the exchange traded fund’s stock valued at $375,000 after acquiring an additional 1,204 shares in the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Down 5.5%

Shares of NYSEARCA EWY opened at $152.89 on Friday. iShares MSCI South Korea ETF has a twelve month low of $86.90 and a twelve month high of $220.89. The firm has a market cap of $22.41 billion, a P/E ratio of 10.35 and a beta of 1.51. The company has a 50 day moving average of $175.36 and a 200 day moving average of $162.12.

About iShares MSCI South Korea ETF

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.