iShares MSCI Taiwan ETF $EWT Stock Sold by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lessened its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 21.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,491 shares of the exchange traded fund’s stock after selling 12,249 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in iShares MSCI Taiwan ETF were worth $5,023,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new stake in shares of iShares MSCI Taiwan ETF during the second quarter valued at about $103,684,000. Hsbc Holdings PLC boosted its position in shares of iShares MSCI Taiwan ETF by 2,779.7% in 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 acquiring an additional 1,144,455 shares during the period. Fifth Third Bancorp bought a new position in shares of iShares MSCI Taiwan ETF in the first quarter valued at approximately $43,753,000. Bank of America Corp DE boosted its position in shares of iShares MSCI Taiwan ETF by 22.4% in 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 acquiring an additional 109,496 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares MSCI Taiwan ETF by 10.0% in the first quarter. Bank of New York Mellon Corp now owns 576,657 shares of the exchange traded fund’s stock valued at $40,897,000 after acquiring an additional 52,499 shares during the period.

iShares MSCI Taiwan ETF Trading Down 2.6%

Shares of NYSEARCA:EWT opened at $106.26 on Friday. The company has a 50 day moving average of $110.16 and a 200 day moving average of $100.44. The stock has a market cap of $11.60 billion, a P/E ratio of 17.58 and a beta of 1.10. iShares MSCI Taiwan ETF has a 12 month low of $59.96 and a 12 month high of $118.47.

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.