State of Tennessee Department of Treasury Sells 279,050 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

State of Tennessee Department of Treasury trimmed its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 3.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,381,402 shares of the exchange traded fund’s stock after selling 279,050 shares during the quarter. iShares MSCI South Korea ETF makes up about 1.4% of State of Tennessee Department of Treasury’s portfolio, making the stock its 13th largest holding. State of Tennessee Department of Treasury owned about 9.30% of iShares MSCI South Korea ETF worth $375,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in EWY. Jump Financial LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $1,866,000. Bridgewater Associates LP raised its holdings in iShares MSCI South Korea ETF by 63.7% in the 4th quarter. Bridgewater Associates LP now owns 3,154,717 shares of the exchange traded fund’s stock valued at $160,544,000 after buying an additional 1,227,157 shares during the last quarter. Barclays PLC raised its holdings in iShares MSCI South Korea ETF by 420.6% in the 4th quarter. Barclays PLC now owns 479,402 shares of the exchange traded fund’s stock valued at $24,397,000 after buying an additional 387,316 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in iShares MSCI South Korea ETF by 13.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 27,982 shares of the exchange traded fund’s stock worth $1,424,000 after buying an additional 3,210 shares during the period. Finally, Quinn Opportunity Partners LLC grew its holdings in iShares MSCI South Korea ETF by 104.5% during the 4th quarter. Quinn Opportunity Partners LLC now owns 208,384 shares of the exchange traded fund’s stock worth $10,605,000 after acquiring an additional 106,500 shares during the last quarter.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $54.31 on Monday. The company has a market capitalization of $2.92 billion, a P/E ratio of 9.48 and a beta of 1.09. The company has a fifty day moving average price of $55.21 and a 200-day moving average price of $56.23. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $69.52.

iShares MSCI South Korea ETF 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.