Journey Advisory Group LLC Invests $2.49 Million in iShares MSCI Taiwan ETF $EWT

Journey Advisory Group LLC bought a new position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 43,385 shares of the exchange traded fund’s stock, valued at approximately $2,490,000.

A number of other hedge funds and other institutional investors have also modified their holdings of EWT. New Vernon Capital Holdings II LLC increased its position in shares of iShares MSCI Taiwan ETF by 3,512.4% during the first quarter. New Vernon Capital Holdings II LLC now owns 5,216,485 shares of the exchange traded fund’s stock worth $247,679,000 after acquiring an additional 5,072,082 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of iShares MSCI Taiwan ETF by 1,647.4% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,953,011 shares of the exchange traded fund’s stock worth $92,729,000 after acquiring an additional 1,841,246 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares MSCI Taiwan ETF by 2,953.1% during the first quarter. Goldman Sachs Group Inc. now owns 602,344 shares of the exchange traded fund’s stock worth $28,599,000 after acquiring an additional 582,615 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the first quarter worth about $26,388,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of iShares MSCI Taiwan ETF by 122.4% during the first quarter. The Manufacturers Life Insurance Company now owns 669,531 shares of the exchange traded fund’s stock worth $31,789,000 after acquiring an additional 368,491 shares during the last quarter.

iShares MSCI Taiwan ETF Stock Performance

Shares of NYSEARCA EWT opened at $65.09 on Monday. iShares MSCI Taiwan ETF has a 1 year low of $39.44 and a 1 year high of $65.78. The firm has a market cap of $6.79 billion, a price-to-earnings ratio of 17.58 and a beta of 0.86. The stock’s 50-day simple moving average is $62.08 and its 200-day simple moving average is $56.49.

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.