Vontobel Holding Ltd. Sells 3,478 Shares of iShares MSCI Taiwan ETF $EWT

Vontobel Holding Ltd. decreased its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 6.1% during the second quarter, Holdings Channel reports. The firm owned 53,997 shares of the exchange traded fund’s stock after selling 3,478 shares during the quarter. Vontobel Holding Ltd.’s holdings in iShares MSCI Taiwan ETF were worth $3,099,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CX Institutional bought a new position in iShares MSCI Taiwan ETF during the first quarter valued at approximately $28,000. Private Wealth Management Group LLC bought a new position in iShares MSCI Taiwan ETF during the first quarter valued at approximately $71,000. WestEnd Advisors LLC lifted its position in iShares MSCI Taiwan ETF by 175.6% during the first quarter. WestEnd Advisors LLC now owns 3,142 shares of the exchange traded fund’s stock valued at $149,000 after purchasing an additional 2,002 shares during the period. Knights of Columbus Asset Advisors LLC bought a new position in iShares MSCI Taiwan ETF during the second quarter valued at approximately $247,000. Finally, Kovitz Investment Group Partners LLC lifted its position in iShares MSCI Taiwan ETF by 11.5% during the first quarter. Kovitz Investment Group Partners LLC now owns 4,959 shares of the exchange traded fund’s stock valued at $235,000 after purchasing an additional 512 shares during the period.

iShares MSCI Taiwan ETF Stock Down 5.0%

Shares of iShares MSCI Taiwan ETF stock opened at $61.62 on Friday. iShares MSCI Taiwan ETF has a twelve month low of $39.44 and a twelve month high of $65.69. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 17.58 and a beta of 0.86. The company’s 50 day moving average is $61.56 and its 200 day moving average is $55.80.

About iShares MSCI Taiwan ETF

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.