Journey Advisory Group LLC Sells 12,827 Shares of iShares MSCI Taiwan ETF $EWT

Journey Advisory Group LLC cut its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 12.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 89,575 shares of the exchange traded fund’s stock after selling 12,827 shares during the period. Journey Advisory Group LLC’s holdings in iShares MSCI Taiwan ETF were worth $6,353,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Northern Trust Corp grew its position in iShares MSCI Taiwan ETF by 15.9% during the 4th quarter. Northern Trust Corp now owns 2,763,557 shares of the exchange traded fund’s stock worth $175,569,000 after acquiring an additional 379,584 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in iShares MSCI Taiwan ETF by 393.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,085,693 shares of the exchange traded fund’s stock worth $119,719,000 after purchasing an additional 1,662,985 shares in the last quarter. Sun Life Financial Inc. raised its position in iShares MSCI Taiwan ETF by 3.4% in the fourth quarter. Sun Life Financial Inc. now owns 1,862,881 shares of the exchange traded fund’s stock valued at $118,349,000 after purchasing an additional 61,352 shares during the last quarter. Invesco Ltd. raised its position in iShares MSCI Taiwan ETF by 12.8% in the third quarter. Invesco Ltd. now owns 1,254,110 shares of the exchange traded fund’s stock valued at $79,786,000 after purchasing an additional 142,464 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of iShares MSCI Taiwan ETF by 2,779.7% during the first quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock valued at $84,084,000 after purchasing an additional 1,144,455 shares in the last quarter.

iShares MSCI Taiwan ETF Trading Up 0.6%

NYSEARCA:EWT opened at $102.49 on Thursday. The stock has a market cap of $10.46 billion, a P/E ratio of 17.58 and a beta of 1.08. The stock’s 50-day moving average is $101.76 and its 200-day moving average is $83.02. iShares MSCI Taiwan ETF has a 1-year low of $57.56 and a 1-year high of $112.78.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.