Assetmark Inc. Cuts Stock Position in iShares MSCI South Korea ETF $EWY

Assetmark Inc. decreased its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 87.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,486 shares of the exchange traded fund’s stock after selling 54,224 shares during the period. Assetmark Inc.’s holdings in iShares MSCI South Korea ETF were worth $600,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in iShares MSCI South Korea ETF by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock worth $12,967,000 after purchasing an additional 52,259 shares during the period. CWM LLC grew its holdings in shares of iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 457 shares in the last quarter. Ranch Capital Advisors Inc. purchased a new stake in iShares MSCI South Korea ETF during the 2nd quarter worth approximately $239,000. Leavell Investment Management Inc. increased its stake in iShares MSCI South Korea ETF by 5.6% during the 2nd quarter. Leavell Investment Management Inc. now owns 14,468 shares of the exchange traded fund’s stock worth $1,039,000 after buying an additional 762 shares during the period. Finally, Jordan Park Group LLC lifted its holdings in iShares MSCI South Korea ETF by 190.1% during the 2nd quarter. Jordan Park Group LLC now owns 147,435 shares of the exchange traded fund’s stock worth $10,583,000 after buying an additional 96,614 shares in the last quarter. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Up 4.9%

Shares of EWY stock opened at $141.88 on Friday. The firm has a 50 day moving average of $112.33 and a two-hundred day moving average of $94.11. The stock has a market capitalization of $13.95 billion, a PE ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 52 week low of $48.49 and a 52 week high of $141.98.

iShares MSCI South Korea ETF 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.