iShares MSCI Taiwan ETF $EWT Shares Newly Purchased by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. bought a new position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the third quarter, HoldingsChannel.com reports. The firm bought 5,768 shares of the exchange traded fund’s stock, valued at approximately $651,000.

Several other institutional investors also recently modified their holdings of the stock. Hsbc Holdings PLC increased its stake in shares of iShares MSCI Taiwan ETF by 2,779.7% in the 1st quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock valued at $84,084,000 after acquiring an additional 1,144,455 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI Taiwan ETF in the 2nd quarter valued at approximately $103,684,000. Fifth Third Bancorp acquired a new stake in shares of iShares MSCI Taiwan ETF in the 1st quarter valued at approximately $43,753,000. Bank of America Corp DE raised its position in shares of iShares MSCI Taiwan ETF by 22.4% in the 1st quarter. Bank of America Corp DE now owns 598,887 shares of the exchange traded fund’s stock valued at $42,473,000 after acquiring an additional 109,496 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in iShares MSCI Taiwan ETF by 10.0% during the 1st quarter. Bank of New York Mellon Corp now owns 576,657 shares of the exchange traded fund’s stock worth $40,897,000 after acquiring an additional 52,499 shares during the last quarter.

iShares MSCI Taiwan ETF Price Performance

iShares MSCI Taiwan ETF stock opened at $113.46 on Wednesday. The company’s 50 day simple moving average is $109.77 and its 200 day simple moving average is $99.83. iShares MSCI Taiwan ETF has a fifty-two week low of $59.96 and a fifty-two week high of $118.47. The firm has a market capitalization of $12.39 billion, a price-to-earnings ratio of 17.58 and a beta of 1.10.

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. 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.