USS Investment Management Ltd Sells 681,101 Shares of iShares MSCI South Korea ETF $EWY

USS Investment Management Ltd lowered its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 92.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 59,152 shares of the exchange traded fund’s stock after selling 681,101 shares during the quarter. USS Investment Management Ltd’s holdings in iShares MSCI South Korea ETF were worth $7,269,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. SMART Wealth LLC purchased a new position in shares of iShares MSCI South Korea ETF during the first quarter worth about $289,000. Flagstar Advisors Inc. purchased a new stake in iShares MSCI South Korea ETF in the first quarter valued at approximately $204,000. Continuum Advisory LLC raised its stake in iShares MSCI South Korea ETF by 7.7% in the first quarter. Continuum Advisory LLC now owns 10,154 shares of the exchange traded fund’s stock valued at $1,249,000 after purchasing an additional 722 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in iShares MSCI South Korea ETF during the first quarter valued at approximately $523,000. Finally, Gunderson Capital Management LLC bought a new stake in iShares MSCI South Korea ETF during the first quarter valued at approximately $8,152,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

EWY stock opened at $180.14 on Friday. The firm has a 50 day simple moving average of $188.70 and a two-hundred day simple moving average of $145.78. The stock has a market cap of $21.81 billion, a PE ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a one year low of $69.85 and a one year high of $220.89.

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.