iShares MSCI Taiwan ETF $EWT Shares Newly Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 36,476 shares of the exchange traded fund’s stock, valued at approximately $4,118,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Hsbc Holdings PLC lifted its holdings in iShares MSCI Taiwan ETF by 2,779.7% in the first quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock worth $84,084,000 after buying an additional 1,144,455 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of iShares MSCI Taiwan ETF during the 2nd quarter worth approximately $103,684,000. Fifth Third Bancorp purchased a new position in shares of iShares MSCI Taiwan ETF during the 1st quarter worth approximately $43,753,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Taiwan ETF in the 3rd quarter worth approximately $20,392,000. Finally, Lido Advisors LLC raised its position in shares of iShares MSCI Taiwan ETF by 156.5% in the 1st quarter. Lido Advisors LLC now owns 263,861 shares of the exchange traded fund’s stock worth $18,713,000 after acquiring an additional 160,994 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

Shares of NYSEARCA EWT traded up $3.36 during mid-day trading on Friday, hitting $89.24. 8,997,272 shares of the stock traded hands, compared to its average volume of 5,941,750. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 17.58 and a beta of 1.16. The stock has a fifty day moving average price of $109.05 and a 200-day moving average price of $93.78. iShares MSCI Taiwan ETF has a 52 week low of $59.96 and a 52 week high of $118.47.

iShares MSCI Taiwan ETF Profile

Ishares MSCI Taiwan Index Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan IndexSM (the Index). The Index consists of stocks traded primarily on the Taiwan Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.