iShares MSCI Taiwan ETF (NYSEARCA:EWT) Shares Sold by Cumberland Advisors Inc.

Cumberland Advisors Inc. reduced its position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 1.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,130 shares of the exchange traded fund’s stock after selling 630 shares during the period. Cumberland Advisors Inc. owned about 0.05% of iShares MSCI Taiwan ETF worth $2,100,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Advisors Preferred LLC acquired a new position in shares of iShares MSCI Taiwan ETF during the fourth quarter worth $42,000. Tower Research Capital LLC TRC increased its stake in shares of iShares MSCI Taiwan ETF by 39.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,211 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 344 shares during the last quarter. Connectus Wealth LLC bought a new stake in shares of iShares MSCI Taiwan ETF in the fourth quarter worth $221,000. Global Retirement Partners LLC increased its stake in shares of iShares MSCI Taiwan ETF by 298.4% in the fourth quarter. Global Retirement Partners LLC now owns 5,287 shares of the exchange traded fund’s stock worth $227,000 after buying an additional 3,960 shares during the last quarter. Finally, BOCHK Asset Management Ltd bought a new stake in shares of iShares MSCI Taiwan ETF in the fourth quarter worth $230,000.

iShares MSCI Taiwan ETF Price Performance

Shares of NYSEARCA:EWT traded up $0.35 during midday trading on Thursday, reaching $53.96. The company had a trading volume of 739,670 shares, compared to its average volume of 3,189,871. The stock’s fifty day moving average price is $50.46 and its 200-day moving average price is $47.99. The stock has a market capitalization of $4.74 billion, a P/E ratio of 13.20 and a beta of 0.96. iShares MSCI Taiwan ETF has a one year low of $42.13 and a one year high of $55.38.

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.