Lmcg Investments LLC Reduces Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Lmcg Investments LLC cut its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 4.2% during the third quarter, HoldingsChannel reports. The firm owned 49,948 shares of the exchange traded fund’s stock after selling 2,213 shares during the quarter. Lmcg Investments LLC’s holdings in iShares MSCI Taiwan ETF were worth $2,691,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp increased its position in shares of iShares MSCI Taiwan ETF by 1,025.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,008,838 shares of the exchange traded fund’s stock valued at $271,429,000 after purchasing an additional 4,563,810 shares during the last quarter. Sun Life Financial Inc. increased its position in shares of iShares MSCI Taiwan ETF by 21.2% in the 2nd quarter. Sun Life Financial Inc. now owns 1,949,950 shares of the exchange traded fund’s stock valued at $105,668,000 after purchasing an additional 340,700 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares MSCI Taiwan ETF by 17.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 556,714 shares of the exchange traded fund’s stock valued at $27,101,000 after purchasing an additional 84,420 shares during the last quarter. Comerica Bank increased its position in shares of iShares MSCI Taiwan ETF by 20.4% in the 1st quarter. Comerica Bank now owns 326,407 shares of the exchange traded fund’s stock valued at $15,889,000 after purchasing an additional 55,207 shares during the last quarter. Finally, CX Institutional purchased a new stake in shares of iShares MSCI Taiwan ETF in the 3rd quarter valued at approximately $11,236,000.

iShares MSCI Taiwan ETF Trading Up 1.1 %

Shares of NYSEARCA EWT traded up $0.58 during mid-day trading on Friday, reaching $54.80. The company had a trading volume of 1,628,168 shares, compared to its average volume of 3,548,873. The firm has a 50 day simple moving average of $54.01 and a two-hundred day simple moving average of $52.49. The stock has a market cap of $4.82 billion, a P/E ratio of 13.20 and a beta of 0.96. iShares MSCI Taiwan ETF has a 52-week low of $42.13 and a 52-week high of $57.69.

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.