Trek Financial LLC Sells 91,301 Shares of iShares MSCI South Korea ETF $EWY

Trek Financial LLC decreased its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 91.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,213 shares of the exchange traded fund’s stock after selling 91,301 shares during the period. Trek Financial LLC’s holdings in iShares MSCI South Korea ETF were worth $1,501,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in EWY. Bank Julius Baer & Co. Ltd Zurich bought a new stake in iShares MSCI South Korea ETF in the third quarter worth approximately $594,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares MSCI South Korea ETF in the third quarter valued at approximately $19,295,000. Pilgrim Partners Asia Pte Ltd acquired a new position in iShares MSCI South Korea ETF in the third quarter valued at approximately $1,462,000. Vise Technologies Inc. acquired a new position in iShares MSCI South Korea ETF in the third quarter valued at approximately $260,000. Finally, MGO One Seven LLC lifted its stake in iShares MSCI South Korea ETF by 57.6% in the third quarter. MGO One Seven LLC now owns 2,206 shares of the exchange traded fund’s stock valued at $403,000 after buying an additional 806 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

iShares MSCI South Korea ETF stock opened at $151.62 on Tuesday. The stock has a market capitalization of $22.22 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51. iShares MSCI South Korea ETF has a 52-week low of $86.90 and a 52-week high of $220.89. The stock’s 50 day moving average price is $174.83 and its two-hundred day moving average price is $162.34.

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. 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.