iShares MSCI South Korea ETF $EWY Shares Sold by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC trimmed its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 2.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,923 shares of the exchange traded fund’s stock after selling 273 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in iShares MSCI South Korea ETF were worth $712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. New Vernon Capital Holdings II LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 5,822.0% in the first quarter. New Vernon Capital Holdings II LLC now owns 1,420,928 shares of the exchange traded fund’s stock valued at $76,787,000 after acquiring an additional 1,396,934 shares during the period. TD Asset Management Inc acquired a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth $44,774,000. DRW Securities LLC purchased a new position in iShares MSCI South Korea ETF in the first quarter worth $16,649,000. Sun Life Financial Inc. raised its position in iShares MSCI South Korea ETF by 21.9% in the first quarter. Sun Life Financial Inc. now owns 1,549,773 shares of the exchange traded fund’s stock worth $83,750,000 after acquiring an additional 278,300 shares in the last quarter. Finally, OLD Mission Capital LLC raised its position in iShares MSCI South Korea ETF by 44.9% in the first quarter. OLD Mission Capital LLC now owns 829,739 shares of the exchange traded fund’s stock worth $44,839,000 after acquiring an additional 257,146 shares in the last quarter. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Down 1.3%

Shares of EWY stock opened at $78.87 on Friday. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $81.93. The stock has a market cap of $5.66 billion, a P/E ratio of 10.35 and a beta of 1.05. The business has a fifty day simple moving average of $74.74 and a 200-day simple moving average of $65.88.

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.