iShares MSCI South Korea ETF $EWY Shares Sold by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd decreased its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 58.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 667,056 shares of the exchange traded fund’s stock after selling 927,942 shares during the quarter. Temasek Holdings Private Ltd owned approximately 0.50% of iShares MSCI South Korea ETF worth $82,055,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley boosted its position in shares of iShares MSCI South Korea ETF by 31.5% in the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock worth $331,054,000 after acquiring an additional 814,877 shares during the last quarter. Bridgewater Associates LP grew its holdings in iShares MSCI South Korea ETF by 1.8% in the fourth quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock valued at $201,475,000 after purchasing an additional 37,242 shares during the period. Hsbc Holdings PLC increased its position in iShares MSCI South Korea ETF by 1,764.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock worth $184,457,000 after purchasing an additional 1,795,557 shares during the last quarter. Rafferty Asset Management LLC increased its position in iShares MSCI South Korea ETF by 44.0% during the fourth quarter. Rafferty Asset Management LLC now owns 1,224,622 shares of the exchange traded fund’s stock worth $119,058,000 after purchasing an additional 373,916 shares during the last quarter. Finally, Yacktman Asset Management LP purchased a new position in iShares MSCI South Korea ETF during the fourth quarter worth approximately $111,279,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 6.2%

NYSEARCA:EWY opened at $172.90 on Wednesday. The company has a market cap of $23.07 billion, a P/E ratio of 10.35 and a beta of 1.46. The firm’s 50 day moving average is $190.70 and its two-hundred day moving average is $153.27. iShares MSCI South Korea ETF has a fifty-two week low of $70.36 and a fifty-two week 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.