Fisher Asset Management LLC Has $1.81 Million Stock Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Fisher Asset Management LLC lowered its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 8.9% during the fourth quarter, Holdings Channel reports. The fund owned 34,941 shares of the exchange traded fund’s stock after selling 3,417 shares during the period. Fisher Asset Management LLC’s holdings in iShares MSCI Taiwan ETF were worth $1,809,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in iShares MSCI Taiwan ETF in the third quarter valued at about $17,778,000. Principal Financial Group Inc. lifted its position in iShares MSCI Taiwan ETF by 163.7% during the 3rd quarter. Principal Financial Group Inc. now owns 271,168 shares of the exchange traded fund’s stock valued at $14,608,000 after purchasing an additional 168,341 shares during the period. Jordan Park Group LLC boosted its stake in shares of iShares MSCI Taiwan ETF by 275.6% in the 4th quarter. Jordan Park Group LLC now owns 225,291 shares of the exchange traded fund’s stock valued at $11,661,000 after purchasing an additional 165,305 shares during the last quarter. abrdn plc acquired a new stake in shares of iShares MSCI Taiwan ETF during the 4th quarter worth approximately $8,248,000. Finally, Yousif Capital Management LLC raised its stake in shares of iShares MSCI Taiwan ETF by 31.7% during the fourth quarter. Yousif Capital Management LLC now owns 655,322 shares of the exchange traded fund’s stock worth $33,919,000 after buying an additional 157,825 shares during the last quarter.

iShares MSCI Taiwan ETF Price Performance

Shares of NYSEARCA EWT opened at $52.07 on Thursday. The company’s 50 day simple moving average is $52.11 and its 200 day simple moving average is $53.34. iShares MSCI Taiwan ETF has a fifty-two week low of $45.06 and a fifty-two week high of $57.69. The firm has a market capitalization of $5.27 billion, a P/E ratio of 18.75 and a beta of 0.88.

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.