iShares MSCI South Korea ETF $EWY Shares Sold by Continuum Advisory LLC

Continuum Advisory LLC lessened its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 32.7% in the second quarter, Holdings Channel.com reports. The fund owned 6,832 shares of the exchange traded fund’s stock after selling 3,322 shares during the quarter. Continuum Advisory LLC’s holdings in iShares MSCI South Korea ETF were worth $1,379,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EWY. Viewpoint Capital Management LLC raised its holdings in shares of iShares MSCI South Korea ETF by 20,000.0% in the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 200 shares during the period. Archer Investment Corp acquired a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $25,000. Prestige Wealth Management Group LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter worth about $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter worth about $26,000. Finally, Parallel Advisors LLC acquired a new stake in iShares MSCI South Korea ETF during the 1st quarter worth approximately $29,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Performance

EWY opened at $180.56 on Friday. iShares MSCI South Korea ETF has a 1 year low of $72.58 and a 1 year high of $220.89. The firm has a 50 day moving average price of $174.36 and a 200 day moving average price of $165.60. The company has a market cap of $26.22 billion, a PE ratio of 10.35 and a beta of 1.51.

iShares MSCI South Korea ETF Company 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.