Exchange Traded Concepts LLC Buys 175,072 Shares of iShares MSCI Taiwan ETF $EWT

Exchange Traded Concepts LLC lifted its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 13,656.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 176,354 shares of the exchange traded fund’s stock after acquiring an additional 175,072 shares during the quarter. Exchange Traded Concepts LLC’s holdings in iShares MSCI Taiwan ETF were worth $11,204,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EWT. Triumph Capital Management bought a new position in iShares MSCI Taiwan ETF in the third quarter worth approximately $55,000. FLP Wealth Management LLC bought a new stake in iShares MSCI Taiwan ETF during the 3rd quarter valued at $65,000. Farther Finance Advisors LLC raised its position in iShares MSCI Taiwan ETF by 25.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,071 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 219 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Taiwan ETF in the 2nd quarter worth $153,000. Finally, Advisory Services Network LLC purchased a new stake in shares of iShares MSCI Taiwan ETF in the 3rd quarter worth $172,000.

iShares MSCI Taiwan ETF Trading Down 0.9%

EWT opened at $69.49 on Friday. The company has a market capitalization of $7.82 billion, a price-to-earnings ratio of 17.58 and a beta of 0.94. iShares MSCI Taiwan ETF has a 12-month low of $39.44 and a 12-month high of $77.25. The business’s fifty day simple moving average is $71.25 and its 200-day simple moving average is $66.77.

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.