Spinnaker Trust Sells 313 Shares of iShares MSCI Taiwan ETF $EWT

Spinnaker Trust reduced its holdings in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 0.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 168,301 shares of the exchange traded fund’s stock after selling 313 shares during the period. Spinnaker Trust’s holdings in iShares MSCI Taiwan ETF were worth $9,660,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Parallax Volatility Advisers L.P. bought a new position in iShares MSCI Taiwan ETF in the first quarter valued at about $313,000. City of London Investment Management Co. Ltd. raised its position in iShares MSCI Taiwan ETF by 66.0% in the first quarter. City of London Investment Management Co. Ltd. now owns 710,595 shares of the exchange traded fund’s stock valued at $33,739,000 after purchasing an additional 282,521 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in iShares MSCI Taiwan ETF in the first quarter valued at about $462,000. Checchi Capital Advisers LLC raised its position in iShares MSCI Taiwan ETF by 23.8% in the first quarter. Checchi Capital Advisers LLC now owns 70,235 shares of the exchange traded fund’s stock valued at $3,335,000 after purchasing an additional 13,481 shares during the last quarter. Finally, Trexquant Investment LP bought a new position in iShares MSCI Taiwan ETF in the first quarter valued at about $284,000.

iShares MSCI Taiwan ETF Trading Up 0.1%

iShares MSCI Taiwan ETF stock opened at $67.13 on Thursday. The company has a market capitalization of $7.00 billion, a PE ratio of 17.58 and a beta of 0.94. iShares MSCI Taiwan ETF has a 12 month low of $39.44 and a 12 month high of $67.58. The stock has a 50-day moving average price of $63.02 and a two-hundred day moving average price of $57.77.

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.