Pekin Hardy Strauss Inc. Sells 250 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

Pekin Hardy Strauss Inc. trimmed its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,582 shares of the exchange traded fund’s stock after selling 250 shares during the period. Pekin Hardy Strauss Inc.’s holdings in iShares MSCI South Korea ETF were worth $1,691,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EWY. Beacon Pointe Advisors LLC lifted its position in shares of iShares MSCI South Korea ETF by 116.3% during the fourth quarter. Beacon Pointe Advisors LLC now owns 33,624 shares of the exchange traded fund’s stock worth $2,203,000 after purchasing an additional 18,082 shares in the last quarter. City of London Investment Management Co. Ltd. acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $5,000,000. Divergent Wealth Advisors acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $216,000. Hilltop Holdings Inc. acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $4,061,000. Finally, Innealta Capital LLC lifted its position in shares of iShares MSCI South Korea ETF by 1.0% during the fourth quarter. Innealta Capital LLC now owns 33,478 shares of the exchange traded fund’s stock worth $2,194,000 after purchasing an additional 325 shares in the last quarter.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $63.52 on Tuesday. The company’s 50 day simple moving average is $64.61 and its 200 day simple moving average is $64.90. iShares MSCI South Korea ETF has a fifty-two week low of $54.49 and a fifty-two week high of $69.51. The firm has a market capitalization of $5.04 billion, a P/E ratio of 9.60 and a beta of 1.25.

iShares MSCI South Korea ETF Company 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.