Trek Financial LLC Cuts Stock Position in iShares MSCI South Korea ETF $EWY

Trek Financial LLC cut its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 83.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,588 shares of the exchange traded fund’s stock after selling 43,770 shares during the period. Trek Financial LLC’s holdings in iShares MSCI South Korea ETF were worth $835,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nvwm LLC purchased a new stake in iShares MSCI South Korea ETF during the fourth quarter worth about $29,000. National Bank of Canada FI increased its stake in iShares MSCI South Korea ETF by 103.9% during the third quarter. National Bank of Canada FI now owns 579 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 295 shares during the period. Private Trust Co. NA increased its stake in shares of iShares MSCI South Korea ETF by 120.5% during the fourth quarter. Private Trust Co. NA now owns 485 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 265 shares during the period. Van Berkom & Associates Inc. purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $50,000. Finally, Daytona Street Capital LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $52,000. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $178.50 on Wednesday. The company’s 50 day moving average price is $141.91 and its 200 day moving average price is $119.04. iShares MSCI South Korea ETF has a fifty-two week low of $57.45 and a fifty-two week high of $194.58. The firm has a market capitalization of $23.75 billion, a price-to-earnings ratio of 10.35 and a beta of 1.38.

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.