Pekin Hardy Strauss Inc. Purchases Shares of 18,740 iShares MSCI Taiwan ETF $EWT

Pekin Hardy Strauss Inc. acquired a new position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,740 shares of the exchange traded fund’s stock, valued at approximately $1,076,000.

Other hedge funds have also modified their holdings of the company. Private Wealth Management Group LLC bought a new position in shares of iShares MSCI Taiwan ETF during the 1st quarter valued at approximately $71,000. Bank of Montreal Can raised its stake in iShares MSCI Taiwan ETF by 177.2% during the second quarter. Bank of Montreal Can now owns 2,816 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 1,800 shares in the last quarter. Knights of Columbus Asset Advisors LLC bought a new position in iShares MSCI Taiwan ETF during the second quarter valued at $247,000. Ifrah Financial Services Inc. purchased a new position in shares of iShares MSCI Taiwan ETF in the 2nd quarter worth $281,000. Finally, Kovitz Investment Group Partners LLC grew its stake in shares of iShares MSCI Taiwan ETF by 11.5% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 4,959 shares of the exchange traded fund’s stock worth $235,000 after buying an additional 512 shares in the last quarter.

iShares MSCI Taiwan ETF Trading Down 0.5%

Shares of NYSEARCA EWT opened at $64.61 on Friday. iShares MSCI Taiwan ETF has a 12-month low of $39.44 and a 12-month high of $67.58. The firm’s 50-day moving average price is $63.93 and its 200-day moving average price is $58.70. The stock has a market capitalization of $6.74 billion, a price-to-earnings ratio of 17.58 and a beta of 0.94.

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.