iShares MSCI Taiwan ETF $EWT Stock: Point Nemo Capital LLC Grows Stake

Point Nemo Capital LLC lifted its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 42.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,711 shares of the exchange traded fund’s stock after acquiring an additional 22,002 shares during the quarter. iShares MSCI Taiwan ETF accounts for approximately 3.9% of Point Nemo Capital LLC’s investment portfolio, making the stock its 4th largest holding. Point Nemo Capital LLC owned approximately 0.07% of iShares MSCI Taiwan ETF worth $8,322,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. bought a new position in iShares MSCI Taiwan ETF during the 3rd quarter worth about $114,719,000. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI Taiwan ETF in the 2nd quarter worth approximately $103,684,000. Hsbc Holdings PLC lifted its position in shares of iShares MSCI Taiwan ETF by 2,779.7% in the 1st quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock worth $84,084,000 after purchasing an additional 1,144,455 shares during the period. Fifth Third Bancorp bought a new position in shares of iShares MSCI Taiwan ETF during the first quarter valued at approximately $43,753,000. Finally, Bank of America Corp DE boosted its stake in shares of iShares MSCI Taiwan ETF by 22.4% during the first quarter. Bank of America Corp DE now owns 598,887 shares of the exchange traded fund’s stock valued at $42,473,000 after purchasing an additional 109,496 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

NYSEARCA EWT opened at $89.24 on Friday. The company has a market cap of $9.41 billion, a PE ratio of 17.58 and a beta of 1.16. The firm’s 50 day moving average price is $109.05 and its 200-day moving average price is $93.78. iShares MSCI Taiwan ETF has a 52-week low of $59.96 and a 52-week high of $118.47.

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. 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.