Ameriprise Financial Inc. Sells 330,443 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Ameriprise Financial Inc. reduced its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 35.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 596,962 shares of the exchange traded fund’s stock after selling 330,443 shares during the period. Ameriprise Financial Inc. owned approximately 0.68% of iShares MSCI Taiwan ETF worth $29,402,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of EWT. Principal Financial Group Inc. increased its position in shares of iShares MSCI Taiwan ETF by 163.7% during the 3rd quarter. Principal Financial Group Inc. now owns 271,168 shares of the exchange traded fund’s stock valued at $14,608,000 after purchasing an additional 168,341 shares during the last quarter. Merit Financial Group LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the 4th quarter valued at $219,000. Allspring Global Investments Holdings LLC increased its position in shares of iShares MSCI Taiwan ETF by 63.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 148,439 shares of the exchange traded fund’s stock valued at $7,683,000 after purchasing an additional 57,582 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of iShares MSCI Taiwan ETF by 5.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 150,600 shares of the exchange traded fund’s stock valued at $7,795,000 after purchasing an additional 7,500 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of iShares MSCI Taiwan ETF by 62.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 26,460 shares of the exchange traded fund’s stock valued at $1,370,000 after purchasing an additional 10,160 shares during the last quarter.

iShares MSCI Taiwan ETF Stock Performance

Shares of EWT opened at $53.28 on Wednesday. The business has a 50-day moving average of $47.85 and a 200 day moving average of $51.22. iShares MSCI Taiwan ETF has a fifty-two week low of $39.44 and a fifty-two week high of $57.69. The firm has a market cap of $5.34 billion, a P/E ratio of 17.30 and a beta of 0.91.

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.