8,500 Shares in iShares MSCI Taiwan ETF $EWT Bought by BOCHK Asset Management Ltd

BOCHK Asset Management Ltd purchased a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 8,500 shares of the exchange traded fund’s stock, valued at approximately $488,000. iShares MSCI Taiwan ETF makes up 0.1% of BOCHK Asset Management Ltd’s investment portfolio, making the stock its 25th biggest holding.

A number of other hedge funds have also recently modified their holdings of EWT. V Square Quantitative Management LLC raised its stake in shares of iShares MSCI Taiwan ETF by 8.2% during the second quarter. V Square Quantitative Management LLC now owns 24,127 shares of the exchange traded fund’s stock valued at $1,385,000 after acquiring an additional 1,837 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in iShares MSCI Taiwan ETF in the 1st quarter worth approximately $26,388,000. Bluefin Capital Management LLC bought a new stake in shares of iShares MSCI Taiwan ETF in the 1st quarter worth approximately $661,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of iShares MSCI Taiwan ETF during the first quarter valued at approximately $15,669,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of iShares MSCI Taiwan ETF by 2,953.1% during the first quarter. Goldman Sachs Group Inc. now owns 602,344 shares of the exchange traded fund’s stock valued at $28,599,000 after acquiring an additional 582,615 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Up 0.8%

NYSEARCA:EWT opened at $64.14 on Thursday. The firm’s fifty day simple moving average is $60.78 and its 200 day simple moving average is $55.12. The stock has a market cap of $6.75 billion, a P/E ratio of 17.58 and a beta of 0.86. iShares MSCI Taiwan ETF has a twelve month low of $39.44 and a twelve month high of $64.67.

iShares MSCI Taiwan ETF 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.