Sunbelt Securities Inc. Sells 5,247 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

Sunbelt Securities Inc. reduced its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 32.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,021 shares of the exchange traded fund’s stock after selling 5,247 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares MSCI South Korea ETF were worth $728,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Wakefield Asset Management LLLP boosted its position in shares of iShares MSCI South Korea ETF by 3.4% in the first quarter. Wakefield Asset Management LLLP now owns 9,428 shares of the exchange traded fund’s stock valued at $633,000 after acquiring an additional 314 shares during the period. Patten Group Inc. raised its stake in iShares MSCI South Korea ETF by 7.2% in the second quarter. Patten Group Inc. now owns 5,703 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 382 shares in the last quarter. Founders Capital Management purchased a new stake in iShares MSCI South Korea ETF in the first quarter valued at approximately $27,000. Headlands Technologies LLC purchased a new stake in iShares MSCI South Korea ETF in the second quarter valued at approximately $29,000. Finally, Boltwood Capital Management raised its stake in iShares MSCI South Korea ETF by 10.5% in the first quarter. Boltwood Capital Management now owns 5,250 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 500 shares in the last quarter.

iShares MSCI South Korea ETF Price Performance

Shares of EWY opened at $63.96 on Tuesday. The firm’s 50 day simple moving average is $63.98 and its 200 day simple moving average is $64.79. The company has a market capitalization of $5.08 billion, a P/E ratio of 9.60 and a beta of 1.25. iShares MSCI South Korea ETF has a 1-year low of $54.49 and a 1-year high of $69.51.

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.