Sumitomo Mitsui Trust Group Inc. Buys 19,397 Shares of iShares MSCI Taiwan ETF $EWT

Sumitomo Mitsui Trust Group Inc. boosted its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 31.9% in the third quarter, Holdings Channel.com reports. The firm owned 80,140 shares of the exchange traded fund’s stock after purchasing an additional 19,397 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI Taiwan ETF were worth $5,099,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. FLP Wealth Management LLC bought a new position in iShares MSCI Taiwan ETF during the 3rd quarter worth approximately $65,000. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI Taiwan ETF by 25.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,071 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 219 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Taiwan ETF during the second quarter worth approximately $153,000. Bank of Montreal Can grew its holdings in shares of iShares MSCI Taiwan ETF by 177.2% during the second quarter. Bank of Montreal Can now owns 2,816 shares of the exchange traded fund’s stock valued at $162,000 after buying an additional 1,800 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of iShares MSCI Taiwan ETF in the second quarter valued at approximately $181,000.

iShares MSCI Taiwan ETF Price Performance

NYSEARCA EWT opened at $67.34 on Friday. The firm has a market cap of $7.37 billion, a price-to-earnings ratio of 17.58 and a beta of 0.94. iShares MSCI Taiwan ETF has a 1 year low of $39.44 and a 1 year high of $67.72. The company has a fifty day moving average price of $64.15 and a 200-day moving average price of $62.60.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.