Yousif Capital Management LLC Has $42.09 Million Position in iShares MSCI Taiwan ETF $EWT

Yousif Capital Management LLC reduced its stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 2.5% during the fourth quarter, HoldingsChannel reports. The firm owned 632,518 shares of the exchange traded fund’s stock after selling 16,050 shares during the quarter. iShares MSCI Taiwan ETF accounts for about 0.5% of Yousif Capital Management LLC’s investment portfolio, making the stock its 25th largest holding. Yousif Capital Management LLC’s holdings in iShares MSCI Taiwan ETF were worth $42,088,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Banque Cantonale Vaudoise boosted its stake in shares of iShares MSCI Taiwan ETF by 0.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 37,937 shares of the exchange traded fund’s stock valued at $2,414,000 after purchasing an additional 158 shares in the last quarter. Vident Advisory LLC boosted its stake in shares of iShares MSCI Taiwan ETF by 2.1% in the 3rd quarter. Vident Advisory LLC now owns 8,069 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 168 shares in the last quarter. M&T Bank Corp boosted its stake in shares of iShares MSCI Taiwan ETF by 3.6% in the 2nd quarter. M&T Bank Corp now owns 5,065 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 178 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of iShares MSCI Taiwan ETF by 2.6% in the 3rd quarter. Bessemer Group Inc. now owns 7,815 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 198 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of iShares MSCI Taiwan ETF by 25.7% in 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.

iShares MSCI Taiwan ETF Trading Up 0.7%

EWT opened at $71.82 on Wednesday. The company’s 50 day moving average is $71.56 and its 200-day moving average is $67.18. iShares MSCI Taiwan ETF has a 1-year low of $39.44 and a 1-year high of $77.25. The company has a market cap of $7.17 billion, a P/E ratio of 17.58 and a beta of 0.95.

iShares MSCI Taiwan ETF Company 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.