Vontobel Holding Ltd. Decreases Stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Vontobel Holding Ltd. reduced its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 14.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,845 shares of the exchange traded fund’s stock after selling 13,983 shares during the period. Vontobel Holding Ltd.’s holdings in iShares MSCI Taiwan ETF were worth $3,813,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in EWT. Pictet North America Advisors SA raised its position in iShares MSCI Taiwan ETF by 0.5% during the third quarter. Pictet North America Advisors SA now owns 42,009 shares of the exchange traded fund’s stock valued at $1,872,000 after purchasing an additional 225 shares during the period. UBS Group AG raised its position in iShares MSCI Taiwan ETF by 1.5% during the third quarter. UBS Group AG now owns 30,842 shares of the exchange traded fund’s stock valued at $1,374,000 after purchasing an additional 443 shares during the period. Checchi Capital Advisers LLC raised its position in iShares MSCI Taiwan ETF by 1.7% during the third quarter. Checchi Capital Advisers LLC now owns 48,448 shares of the exchange traded fund’s stock valued at $2,158,000 after purchasing an additional 811 shares during the period. Tower Research Capital LLC TRC raised its position in iShares MSCI Taiwan ETF by 4,235.0% during the third quarter. Tower Research Capital LLC TRC now owns 867 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 847 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in iShares MSCI Taiwan ETF by 2.4% during the first quarter. Envestnet Asset Management Inc. now owns 39,445 shares of the exchange traded fund’s stock valued at $1,788,000 after purchasing an additional 921 shares during the period.

iShares MSCI Taiwan ETF Price Performance

Shares of EWT stock opened at $46.85 on Thursday. iShares MSCI Taiwan ETF has a 1 year low of $42.13 and a 1 year high of $50.19. The stock’s 50 day simple moving average is $47.72 and its two-hundred day simple moving average is $46.49. The company has a market cap of $3.98 billion, a PE ratio of 13.56 and a beta of 0.95.

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.