Sumitomo Mitsui Trust Group Inc. Acquires New Shares in iShares MSCI Taiwan ETF $EWT

Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 36,476 shares of the exchange traded fund’s stock, valued at approximately $4,118,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Taiwan ETF during the third quarter valued at $20,392,000. Pilgrim Partners Asia Pte Ltd bought a new stake in iShares MSCI Taiwan ETF in the 3rd quarter worth about $1,473,000. Arta Finance Wealth Management LLC increased its holdings in iShares MSCI Taiwan ETF by 5.3% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 3,138 shares of the exchange traded fund’s stock worth $354,000 after buying an additional 159 shares in the last quarter. International Assets Investment Management LLC increased its holdings in iShares MSCI Taiwan ETF by 143.0% in the 3rd quarter. International Assets Investment Management LLC now owns 13,000 shares of the exchange traded fund’s stock worth $1,468,000 after buying an additional 7,650 shares in the last quarter. Finally, VestGen Advisors LLC raised its position in iShares MSCI Taiwan ETF by 14.1% in the 3rd quarter. VestGen Advisors LLC now owns 37,991 shares of the exchange traded fund’s stock worth $4,289,000 after buying an additional 4,693 shares during the last quarter.

iShares MSCI Taiwan ETF Trading Up 3.9%

NYSEARCA:EWT traded up $3.36 during mid-day trading on Friday, reaching $89.24. The company’s stock had a trading volume of 8,997,272 shares, compared to its average volume of 5,941,750. The stock has a market cap of $9.41 billion, a P/E ratio of 17.58 and a beta of 1.16. The firm’s fifty day moving average price is $109.05 and its two-hundred day moving average price is $93.78. 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.