Meridian Investment Counsel Inc. Makes New $787,000 Investment in iShares MSCI Taiwan ETF $EWT

Meridian Investment Counsel Inc. acquired a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,974 shares of the exchange traded fund’s stock, valued at approximately $787,000.

A number of other institutional investors also recently bought and sold shares of the company. Ifrah Financial Services Inc. bought a new stake in shares of iShares MSCI Taiwan ETF during the 3rd quarter valued at about $651,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of iShares MSCI Taiwan ETF during the 3rd quarter valued at about $624,000. JGP Wealth Management LLC increased its position in shares of iShares MSCI Taiwan ETF by 35.9% during the 3rd quarter. JGP Wealth Management LLC now owns 5,752 shares of the exchange traded fund’s stock valued at $649,000 after purchasing an additional 1,520 shares during the last quarter. Roan Capital Partners boosted its holdings in shares of iShares MSCI Taiwan ETF by 25.8% in the third quarter. Roan Capital Partners now owns 4,868 shares of the exchange traded fund’s stock worth $550,000 after buying an additional 999 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI Taiwan ETF by 24.7% in the third quarter. Farther Finance Advisors LLC now owns 4,231 shares of the exchange traded fund’s stock worth $478,000 after buying an additional 837 shares during the last quarter.

iShares MSCI Taiwan ETF Trading Down 2.2%

EWT opened at $110.94 on Thursday. The company’s 50 day moving average is $109.96 and its 200 day moving average is $100.12. The company has a market cap of $12.11 billion, a price-to-earnings ratio of 17.58 and a beta of 1.10. iShares MSCI Taiwan ETF has a 12-month low of $59.96 and a 12-month high of $118.47.

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.