Spinnaker Trust Increases Holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Spinnaker Trust boosted its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 0.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,334 shares of the exchange traded fund’s stock after purchasing an additional 706 shares during the period. Spinnaker Trust owned about 0.25% of iShares MSCI Taiwan ETF worth $9,175,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Comerica Bank acquired a new position in iShares MSCI Taiwan ETF during the third quarter worth about $11,646,000. Rhumbline Advisers lifted its stake in iShares MSCI Taiwan ETF by 10.1% in the 3rd quarter. Rhumbline Advisers now owns 174,544 shares of the exchange traded fund’s stock valued at $7,776,000 after buying an additional 16,070 shares in the last quarter. Legal & General Group Plc lifted its stake in iShares MSCI Taiwan ETF by 6.8% in the 3rd quarter. Legal & General Group Plc now owns 735,899 shares of the exchange traded fund’s stock valued at $32,795,000 after buying an additional 46,668 shares in the last quarter. Blue Trust Inc. grew its holdings in iShares MSCI Taiwan ETF by 18.1% during the 4th quarter. Blue Trust Inc. now owns 7,017 shares of the exchange traded fund’s stock valued at $313,000 after buying an additional 1,073 shares during the last quarter. Finally, Richard Bernstein Advisors LLC increased its position in 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 worth $20,814,000 after buying an additional 50,500 shares in the last quarter.

iShares MSCI Taiwan ETF Trading Up 1.2 %

Shares of NYSEARCA:EWT traded up $0.56 on Friday, hitting $47.10. The company had a trading volume of 2,102,471 shares, compared to its average volume of 3,536,817. The company has a market cap of $4.00 billion, a PE ratio of 13.56 and a beta of 0.95. iShares MSCI Taiwan ETF has a 52-week low of $42.13 and a 52-week high of $50.19. The business has a 50 day moving average of $47.74 and a 200 day moving average of $46.56.

About iShares MSCI Taiwan ETF

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.