Envestnet Asset Management Inc. Decreases Stake in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Envestnet Asset Management Inc. trimmed its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 1.6% during the fourth quarter, Holdings Channel reports. The fund owned 164,970 shares of the exchange traded fund’s stock after selling 2,750 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares MSCI South Korea ETF were worth $8,395,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Assetmark Inc. grew its stake 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 worth $40,000 after purchasing an additional 765 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $41,000. Hara Capital LLC lifted its stake in iShares MSCI South Korea ETF by 75.5% during the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 400 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in iShares MSCI South Korea ETF in the fourth quarter worth $49,000. Finally, Mainstream Capital Management LLC bought a new stake in iShares MSCI South Korea ETF during the fourth quarter valued at $145,000.

iShares MSCI South Korea ETF Stock Up 0.5 %

Shares of EWY stock opened at $54.31 on Friday. The company has a market cap of $2.92 billion, a P/E ratio of 9.48 and a beta of 1.09. The business has a 50 day moving average of $55.21 and a two-hundred day moving average of $56.27. iShares MSCI South Korea ETF has a 52 week low of $48.49 and a 52 week high of $69.52.

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.