Cumberland Advisors Inc. Acquires 32,970 Shares of iShares MSCI Taiwan Index (NYSEARCA:EWT)

Cumberland Advisors Inc. increased its stake in shares of iShares MSCI Taiwan Index (NYSEARCA:EWT) by 99.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,090 shares of the exchange traded fund’s stock after acquiring an additional 32,970 shares during the quarter. iShares MSCI Taiwan Index comprises approximately 1.3% of Cumberland Advisors Inc.’s portfolio, making the stock its 27th largest holding. Cumberland Advisors Inc. owned about 0.06% of iShares MSCI Taiwan Index worth $2,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. CIBC Asset Management Inc acquired a new stake in iShares MSCI Taiwan Index during the 3rd quarter worth $227,000. Synovus Financial Corp raised its stake in iShares MSCI Taiwan Index by 21.1% during the 3rd quarter. Synovus Financial Corp now owns 7,705 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 1,340 shares in the last quarter. First Allied Advisory Services Inc. raised its stake in iShares MSCI Taiwan Index by 29.3% during the 2nd quarter. First Allied Advisory Services Inc. now owns 8,096 shares of the exchange traded fund’s stock worth $288,000 after acquiring an additional 1,835 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in iShares MSCI Taiwan Index during the 2nd quarter worth $342,000. Finally, Verition Fund Management LLC raised its stake in iShares MSCI Taiwan Index by 19.4% during the 2nd quarter. Verition Fund Management LLC now owns 11,522 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 1,870 shares in the last quarter.

iShares MSCI Taiwan Index (NYSEARCA:EWT) traded up $0.29 during midday trading on Wednesday, reaching $38.64. 8,551,309 shares of the company’s stock were exchanged, compared to its average volume of 4,804,681. The firm has a market capitalization of $3,790.00 and a price-to-earnings ratio of -7.43. iShares MSCI Taiwan Index has a one year low of $31.24 and a one year high of $39.35.

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About iShares MSCI Taiwan Index

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.

Institutional Ownership by Quarter for iShares MSCI Taiwan Index (NYSEARCA:EWT)

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