LFG Wealth Partners LLC Trims Stock Holdings in iShares MSCI South Korea ETF $EWY

LFG Wealth Partners LLC lowered its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 41.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 13,804 shares of the exchange traded fund’s stock after selling 9,821 shares during the quarter. LFG Wealth Partners LLC’s holdings in iShares MSCI South Korea ETF were worth $1,698,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Prestige Wealth Management Group LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the first quarter valued at about $25,000. Viewpoint Capital Management LLC lifted its holdings in shares of 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 acquired a new position in shares of iShares MSCI South Korea ETF in the 1st quarter worth approximately $25,000. Parallel Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF during the 1st quarter worth approximately $29,000. Finally, Sunbelt Securities Inc. boosted its position in shares of iShares MSCI South Korea ETF by 66.2% during the 1st quarter. Sunbelt Securities Inc. now owns 251 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

iShares MSCI South Korea ETF stock opened at $157.10 on Monday. iShares MSCI South Korea ETF has a fifty-two week low of $70.36 and a fifty-two week high of $220.89. The firm has a 50 day moving average price of $187.21 and a 200 day moving average price of $156.37. The company has a market capitalization of $22.41 billion, a PE ratio of 10.35 and a beta of 1.46.

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.