iShares MSCI South Korea ETF (NYSEARCA:EWY) Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd lowered its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 10.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,086 shares of the exchange traded fund’s stock after selling 3,560 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI South Korea ETF were worth $1,531,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its position 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 purchasing an additional 765 shares during the period. Hara Capital LLC lifted its position in shares of iShares MSCI South Korea ETF by 75.5% during the 4th quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 400 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $49,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $145,000. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at approximately $256,000.

iShares MSCI South Korea ETF Trading Up 0.5 %

EWY stock opened at $57.24 on Thursday. The firm has a 50 day moving average of $55.53 and a 200-day moving average of $57.80. 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 cap of $3.08 billion, a price-to-earnings ratio of 10.54 and a beta of 1.12.

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.