Altfest L J & Co. Inc. Trims Position in iShares MSCI South Korea ETF $EWY

Altfest L J & Co. Inc. lowered its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 33.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,360 shares of the exchange traded fund’s stock after selling 30,272 shares during the period. Altfest L J & Co. Inc. owned 0.08% of iShares MSCI South Korea ETF worth $4,755,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Sun Life Financial Inc. boosted its stake in iShares MSCI South Korea ETF by 7.2% in the 2nd quarter. Sun Life Financial Inc. now owns 1,660,773 shares of the exchange traded fund’s stock worth $119,210,000 after buying an additional 111,000 shares during the last quarter. New Vernon Capital Holdings II LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 5,822.0% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 1,420,928 shares of the exchange traded fund’s stock worth $76,787,000 after acquiring an additional 1,396,934 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of iShares MSCI South Korea ETF by 1,753.0% during the 2nd quarter. Hsbc Holdings PLC now owns 1,296,271 shares of the exchange traded fund’s stock worth $93,047,000 after acquiring an additional 1,226,315 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI South Korea ETF by 4,532.1% in the second quarter. JPMorgan Chase & Co. now owns 1,066,257 shares of the exchange traded fund’s stock worth $76,536,000 after acquiring an additional 1,043,238 shares during the last quarter. Finally, Schroder Investment Management Group grew its holdings in iShares MSCI South Korea ETF by 31,122.4% in the second quarter. Schroder Investment Management Group now owns 1,065,620 shares of the exchange traded fund’s stock valued at $75,382,000 after purchasing an additional 1,062,207 shares during the period. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $102.22 on Friday. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $102.34. The company has a 50 day moving average price of $93.82 and a 200 day moving average price of $82.26.

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.