Ayalon Insurance Comp Ltd. Reduces Stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Ayalon Insurance Comp Ltd. lowered its holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 3.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 10,776 shares of the exchange traded fund’s stock after selling 360 shares during the quarter. Ayalon Insurance Comp Ltd.’s holdings in iShares MSCI Taiwan ETF were worth $584,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in EWT. DRW Securities LLC purchased a new position in iShares MSCI Taiwan ETF during the 4th quarter worth approximately $2,229,000. V Square Quantitative Management LLC increased its stake in iShares MSCI Taiwan ETF by 43.1% in the 2nd quarter. V Square Quantitative Management LLC now owns 16,456 shares of the exchange traded fund’s stock valued at $888,000 after purchasing an additional 4,956 shares in the last quarter. Lyell Wealth Management LP purchased a new position in iShares MSCI Taiwan ETF in the 4th quarter valued at approximately $236,000. International Assets Investment Management LLC purchased a new position in iShares MSCI Taiwan ETF in the 4th quarter valued at approximately $750,000. Finally, OLD Mission Capital LLC increased its stake in iShares MSCI Taiwan ETF by 1,337.6% in the 4th quarter. OLD Mission Capital LLC now owns 2,429,991 shares of the exchange traded fund’s stock valued at $111,852,000 after purchasing an additional 2,260,960 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Down 0.1 %

NYSEARCA EWT traded down $0.08 during mid-day trading on Wednesday, hitting $54.06. The stock had a trading volume of 2,852,109 shares, compared to its average volume of 3,589,342. iShares MSCI Taiwan ETF has a 52-week low of $42.13 and a 52-week high of $57.69. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 13.20 and a beta of 0.96. The company has a 50 day simple moving average of $53.47 and a 200 day simple moving average of $50.21.

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.