Sumitomo Mitsui Trust Group Inc. Increases Stock Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Sumitomo Mitsui Trust Group Inc. lifted its holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 40.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 93,145 shares of the exchange traded fund’s stock after acquiring an additional 26,884 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI Taiwan ETF were worth $4,821,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EWT. Principal Financial Group Inc. lifted its position in iShares MSCI Taiwan ETF by 163.7% during the third quarter. Principal Financial Group Inc. now owns 271,168 shares of the exchange traded fund’s stock valued at $14,608,000 after acquiring an additional 168,341 shares during the last quarter. Merit Financial Group LLC purchased a new stake in iShares MSCI Taiwan ETF during the fourth quarter valued at approximately $219,000. Sanctuary Advisors LLC purchased a new stake in iShares MSCI Taiwan ETF during the third quarter valued at approximately $222,000. Nisa Investment Advisors LLC lifted its position in iShares MSCI Taiwan ETF by 62.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 26,460 shares of the exchange traded fund’s stock valued at $1,370,000 after acquiring an additional 10,160 shares during the last quarter. Finally, Boltwood Capital Management lifted its position in iShares MSCI Taiwan ETF by 4.1% during the fourth quarter. Boltwood Capital Management now owns 7,050 shares of the exchange traded fund’s stock valued at $365,000 after acquiring an additional 275 shares during the last quarter.

iShares MSCI Taiwan ETF Stock Up 1.0 %

NYSEARCA:EWT opened at $52.87 on Friday. iShares MSCI Taiwan ETF has a 52 week low of $45.06 and a 52 week high of $57.69. The firm has a 50 day moving average of $52.52 and a 200 day moving average of $53.25. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 13.20 and a beta of 0.96.

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.