Meeder Asset Management Inc. Sells 4,703 Shares of iShares MSCI South Korea ETF $EWY

Meeder Asset Management Inc. reduced its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 52.2% during the first quarter, Holdings Channel reports. The fund owned 4,315 shares of the exchange traded fund’s stock after selling 4,703 shares during the period. Meeder Asset Management Inc.’s holdings in iShares MSCI South Korea ETF were worth $531,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in EWY. Viewpoint Capital Management LLC raised its position in 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 purchased a new stake in iShares MSCI South Korea ETF during the first quarter valued at about $25,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $26,000. Nvwm LLC bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $29,000. Finally, Parallel Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF in the first quarter worth about $29,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Trading Up 0.2%

NYSEARCA EWY opened at $162.86 on Tuesday. iShares MSCI South Korea ETF has a 1-year low of $70.36 and a 1-year high of $220.89. The stock has a 50-day moving average of $190.81 and a 200-day moving average of $152.74. The firm has a market cap of $21.73 billion, a PE ratio of 10.35 and a beta of 1.46.

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. 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.