iShares MSCI Taiwan ETF (NYSEARCA:EWT) Shares Acquired by Spinnaker Trust

Spinnaker Trust lifted its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 199,334 shares of the exchange traded fund’s stock after purchasing an additional 706 shares during the period. Spinnaker Trust’s holdings in iShares MSCI Taiwan ETF were worth $9,175,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Comerica Bank purchased a new position in iShares MSCI Taiwan ETF in the 3rd quarter worth about $11,646,000. Rhumbline Advisers boosted its holdings in shares of iShares MSCI Taiwan ETF by 10.1% in the third quarter. Rhumbline Advisers now owns 174,544 shares of the exchange traded fund’s stock worth $7,776,000 after buying an additional 16,070 shares during the period. Legal & General Group Plc increased its position in shares of iShares MSCI Taiwan ETF by 6.8% in the third quarter. Legal & General Group Plc now owns 735,899 shares of the exchange traded fund’s stock worth $32,795,000 after acquiring an additional 46,668 shares in the last quarter. Blue Trust Inc. increased its position in shares of iShares MSCI Taiwan ETF by 18.1% in the fourth quarter. Blue Trust Inc. now owns 7,017 shares of the exchange traded fund’s stock worth $313,000 after acquiring an additional 1,073 shares in the last quarter. Finally, Richard Bernstein Advisors LLC raised its holdings in shares of iShares MSCI Taiwan ETF by 12.1% during the third quarter. Richard Bernstein Advisors LLC now owns 467,200 shares of the exchange traded fund’s stock valued at $20,814,000 after acquiring an additional 50,500 shares during the period.

iShares MSCI Taiwan ETF Price Performance

iShares MSCI Taiwan ETF stock traded up $0.56 during midday trading on Friday, reaching $47.10. The stock had a trading volume of 2,102,471 shares, compared to its average volume of 3,536,817. iShares MSCI Taiwan ETF has a twelve month low of $42.13 and a twelve month high of $50.19. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 13.56 and a beta of 0.95. The firm’s fifty day simple moving average is $47.74 and its two-hundred day simple moving average is $46.56.

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.