iShares MSCI South Korea ETF (NYSEARCA:EWY) Shares Sold by Martin Currie Ltd.

Martin Currie Ltd. reduced its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 24.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,241 shares of the exchange traded fund’s stock after selling 6,659 shares during the period. Martin Currie Ltd.’s holdings in iShares MSCI South Korea ETF were worth $1,030,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its holdings in shares of iShares MSCI South Korea ETF by 421.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,755,422 shares of the exchange traded fund’s stock valued at $140,223,000 after buying an additional 2,226,837 shares during the period. JPMorgan Chase & Co. grew its position in iShares MSCI South Korea ETF by 88.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,723,164 shares of the exchange traded fund’s stock valued at $87,692,000 after acquiring an additional 809,967 shares in the last quarter. Trium Capital LLP purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter valued at approximately $18,680,000. Bank of Montreal Can lifted its position in shares of iShares MSCI South Korea ETF by 15,976.1% during the third quarter. Bank of Montreal Can now owns 233,907 shares of the exchange traded fund’s stock worth $15,517,000 after purchasing an additional 232,452 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda boosted its stake in shares of iShares MSCI South Korea ETF by 130.6% in the third quarter. SPX Gestao de Recursos Ltda now owns 345,857 shares of the exchange traded fund’s stock valued at $22,121,000 after purchasing an additional 195,857 shares during the period.

iShares MSCI South Korea ETF Price Performance

iShares MSCI South Korea ETF stock opened at $54.79 on Friday. iShares MSCI South Korea ETF has a 12-month low of $50.74 and a 12-month high of $69.52. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 10.54 and a beta of 1.12. The firm’s fifty day moving average price is $55.86 and its 200 day moving average price is $57.51.

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.