Innealta Capital LLC Cuts Position in iShares MSCI South Korea ETF $EWY

Innealta Capital LLC reduced its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 46.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 19,234 shares of the exchange traded fund’s stock after selling 16,825 shares during the quarter. iShares MSCI South Korea ETF makes up approximately 1.5% of Innealta Capital LLC’s investment portfolio, making the stock its 22nd biggest position. Innealta Capital LLC’s holdings in iShares MSCI South Korea ETF were worth $2,366,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of EWY. Morgan Stanley increased its position in iShares MSCI South Korea ETF by 31.5% during the 4th quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock worth $331,054,000 after purchasing an additional 814,877 shares in the last quarter. Bridgewater Associates LP raised 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 buying an additional 37,242 shares during the period. Hsbc Holdings PLC lifted 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 valued at $184,457,000 after buying an additional 1,795,557 shares in the last quarter. Temasek Holdings Private Ltd lifted its position in iShares MSCI South Korea ETF by 116.6% during the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after buying an additional 858,598 shares in the last quarter. Finally, Rafferty Asset Management LLC grew its stake 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 buying an additional 373,916 shares during the period. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

EWY opened at $183.52 on Monday. iShares MSCI South Korea ETF has a 52-week low of $70.36 and a 52-week high of $220.89. The company has a 50 day moving average of $192.22 and a two-hundred day moving average of $149.71. The company has a market cap of $21.77 billion, a P/E 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.