Sumitomo Mitsui Trust Group Inc. Sells 457 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

Sumitomo Mitsui Trust Group Inc. decreased its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 10.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,114 shares of the exchange traded fund’s stock after selling 457 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI South Korea ETF were worth $222,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. lifted its holdings in iShares MSCI South Korea ETF by 6,375.0% in the fourth quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 765 shares during the period. Summit Securities Group LLC acquired a new position in iShares MSCI South Korea ETF in the fourth quarter valued at $41,000. Hara Capital LLC lifted its holdings in iShares MSCI South Korea ETF by 75.5% in the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 400 shares during the period. SBI Securities Co. Ltd. acquired a new position in iShares MSCI South Korea ETF in the fourth quarter valued at $49,000. Finally, Grove Bank & Trust acquired a new position in iShares MSCI South Korea ETF in the first quarter valued at $54,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 1.0%

Shares of NYSEARCA EWY opened at $72.70 on Monday. The firm’s 50-day moving average price is $63.36 and its 200-day moving average price is $57.70. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $72.80. The firm has a market capitalization of $4.95 billion, a P/E ratio of 10.35 and a beta of 1.05.

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.