OLD Mission Capital LLC Sells 1,920,528 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

OLD Mission Capital LLC trimmed its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 77.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 572,593 shares of the exchange traded fund’s stock after selling 1,920,528 shares during the period. iShares MSCI South Korea ETF accounts for about 0.4% of OLD Mission Capital LLC’s investment portfolio, making the stock its 16th largest position. OLD Mission Capital LLC’s holdings in iShares MSCI South Korea ETF were worth $29,139,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI South Korea ETF by 25.3% during the third quarter. JPMorgan Chase & Co. now owns 913,197 shares of the exchange traded fund’s stock worth $58,408,000 after buying an additional 184,207 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new position in iShares MSCI South Korea ETF during the fourth quarter worth $233,000. Fisher Asset Management LLC raised its stake in iShares MSCI South Korea ETF by 6.9% during the 3rd quarter. Fisher Asset Management LLC now owns 4,768 shares of the exchange traded fund’s stock valued at $305,000 after purchasing an additional 309 shares during the last quarter. Nan Fung Trinity HK Ltd. boosted its holdings in iShares MSCI South Korea ETF by 24.8% in the 4th quarter. Nan Fung Trinity HK Ltd. now owns 920,800 shares of the exchange traded fund’s stock valued at $46,860,000 after purchasing an additional 182,700 shares during the period. Finally, Assetmark Inc. grew its position in iShares MSCI South Korea ETF by 6,375.0% in the 4th quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 765 shares during the last quarter.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY opened at $54.04 on Tuesday. The company has a 50-day simple moving average of $55.84 and a 200-day simple moving average of $57.42. iShares MSCI South Korea ETF has a 52 week low of $50.74 and a 52 week high of $69.52. The firm has a market capitalization of $2.91 billion, a P/E 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.