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

USS Investment Management Ltd lowered its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 92.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,152 shares of the exchange traded fund’s stock after selling 681,101 shares during the period. 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 made changes to their positions in the stock. SMART Wealth LLC purchased a new position in shares of iShares MSCI South Korea ETF in the first quarter valued at $289,000. Flagstar Advisors Inc. purchased a new stake in iShares MSCI South Korea ETF during the 1st quarter worth about $204,000. Continuum Advisory LLC boosted its stake in iShares MSCI South Korea ETF by 7.7% in the 1st quarter. Continuum Advisory LLC now owns 10,154 shares of the exchange traded fund’s stock worth $1,249,000 after purchasing an additional 722 shares during the period. Princeton Global Asset Management LLC bought a new position in iShares MSCI South Korea ETF in the 1st quarter worth about $523,000. Finally, Gunderson Capital Management LLC purchased a new position in iShares MSCI South Korea ETF during the 1st quarter valued at about $8,152,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Down 2.9%

Shares of EWY opened at $180.14 on Friday. iShares MSCI South Korea ETF has a twelve month low of $69.85 and a twelve month high of $220.89. The stock has a market cap of $21.81 billion, a PE ratio of 10.35 and a beta of 1.46. The business’s 50-day moving average price is $188.70 and its 200-day moving average price is $145.78.

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.