Sei Investments Co. Sells 114,383 Shares of iShares MSCI South Korea ETF $EWY

Sei Investments Co. reduced its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 66.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,932 shares of the exchange traded fund’s stock after selling 114,383 shares during the period. Sei Investments Co.’s holdings in iShares MSCI South Korea ETF were worth $7,249,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC increased its stake 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 acquiring an additional 200 shares during the last quarter. Archer Investment Corp purchased a new position in shares of iShares MSCI South Korea ETF in the first quarter valued at $25,000. Prestige Wealth Management Group LLC purchased a new position in shares of iShares MSCI South Korea ETF in the first quarter valued at $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at $26,000. Finally, Nvwm LLC bought a new stake in iShares MSCI South Korea ETF in the fourth quarter worth $29,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

iShares MSCI South Korea ETF stock opened at $157.10 on Monday. The company has a market cap of $22.41 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The firm’s fifty day moving average is $187.21 and its 200 day moving average is $156.37. iShares MSCI South Korea ETF has a 52-week low of $70.36 and a 52-week high of $220.89.

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.