Marathon Trading Investment Management LLC Cuts Holdings in iShares MSCI South Korea ETF $EWY

Marathon Trading Investment Management LLC trimmed its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 86.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,000 shares of the exchange traded fund’s stock after selling 25,000 shares during the period. Marathon Trading Investment Management LLC’s holdings in iShares MSCI South Korea ETF were worth $389,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EWY. Goldman Sachs Group Inc. boosted its stake in iShares MSCI South Korea ETF by 27.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after purchasing an additional 52,259 shares during the last quarter. Creative Planning boosted its stake in iShares MSCI South Korea ETF by 3.6% during the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 176 shares during the last quarter. M&T Bank Corp purchased a new stake in iShares MSCI South Korea ETF during the 2nd quarter valued at $203,000. Invesco Ltd. boosted its stake in iShares MSCI South Korea ETF by 424.3% during the 2nd quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after purchasing an additional 76,444 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its stake in iShares MSCI South Korea ETF by 7.0% during the 2nd quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock valued at $622,000 after purchasing an additional 565 shares during the last quarter. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

EWY stock opened at $197.45 on Monday. The company has a market cap of $26.27 billion, a P/E ratio of 10.35 and a beta of 1.45. iShares MSCI South Korea ETF has a 1 year low of $66.11 and a 1 year high of $217.76. The stock’s fifty day moving average price is $170.90 and its 200-day moving average price is $134.96.

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. 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.