iShares MSCI South Korea ETF $EWY Stock: VMS Asset Management Limited Decreases Holdings

VMS Asset Management Limited cut its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 21.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,070 shares of the exchange traded fund’s stock after selling 16,808 shares during the period. iShares MSCI South Korea ETF makes up approximately 4.3% of VMS Asset Management Limited’s portfolio, making the stock its 5th biggest position. VMS Asset Management Limited’s holdings in iShares MSCI South Korea ETF were worth $10,980,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in EWY. Bank of America Corp DE boosted its position in shares of iShares MSCI South Korea ETF by 102.5% during the 1st quarter. Bank of America Corp DE now owns 10,928,797 shares of the exchange traded fund’s stock valued at $1,344,351,000 after purchasing an additional 5,532,980 shares in the last quarter. Bank of Nova Scotia grew its stake in iShares MSCI South Korea ETF by 135.8% during the first quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock worth $224,348,000 after purchasing an additional 1,050,220 shares during the period. Hsbc Holdings PLC grew its stake in iShares MSCI South Korea ETF by 1,764.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock worth $184,457,000 after purchasing an additional 1,795,557 shares during the period. The Manufacturers Life Insurance Company increased its holdings in iShares MSCI South Korea ETF by 368.1% in the second quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock worth $61,258,000 after purchasing an additional 238,591 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares MSCI South Korea ETF by 217.3% in the second quarter. Envestnet Asset Management Inc. now owns 232,371 shares of the exchange traded fund’s stock worth $46,916,000 after purchasing an additional 159,136 shares in the last quarter. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY opened at $159.83 on Thursday. iShares MSCI South Korea ETF has a 52-week low of $84.39 and a 52-week high of $220.89. The business’s 50 day moving average price is $179.89 and its two-hundred day moving average price is $175.53. The firm has a market cap of $22.76 billion, a PE ratio of 10.35 and a beta of 1.51.

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.