16,940 Shares of iShares MSCI Taiwan ETF $EWT Acquired by MMA Asset Management LLC

MMA Asset Management LLC acquired a new position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 16,940 shares of the exchange traded fund’s stock, valued at approximately $1,913,000.

A number of other hedge funds have also recently made changes to their positions in the business. Hsbc Holdings PLC raised its stake in iShares MSCI Taiwan ETF by 2,779.7% during 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 purchasing an additional 1,144,455 shares during the period. City of London Investment Management Co. Ltd. purchased a new position in iShares MSCI Taiwan ETF in the 3rd quarter worth approximately $114,719,000. The Manufacturers Life Insurance Company purchased a new position in iShares MSCI Taiwan ETF in the 2nd quarter worth approximately $103,684,000. Fifth Third Bancorp bought a new position in iShares MSCI Taiwan ETF in the 1st quarter worth approximately $43,753,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in iShares MSCI Taiwan ETF in the 3rd quarter worth approximately $20,392,000.

iShares MSCI Taiwan ETF Price Performance

EWT stock opened at $85.88 on Friday. iShares MSCI Taiwan ETF has a 1-year low of $59.96 and a 1-year high of $118.47. The business has a 50 day simple moving average of $109.44 and a two-hundred day simple moving average of $93.67. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 17.58 and a beta of 1.16.

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. 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.