Franklin Resources Inc. Sells 84,155 Shares of iShares MSCI Taiwan ETF $EWT

Franklin Resources Inc. lowered its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 66.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,443 shares of the exchange traded fund’s stock after selling 84,155 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI Taiwan ETF were worth $2,494,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EWT. New Vernon Capital Holdings II LLC raised its position in shares of iShares MSCI Taiwan ETF by 3,512.4% during the first quarter. New Vernon Capital Holdings II LLC now owns 5,216,485 shares of the exchange traded fund’s stock worth $247,679,000 after purchasing an additional 5,072,082 shares during the period. Goldman Sachs Group Inc. increased its stake in iShares MSCI Taiwan ETF by 2,953.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 602,344 shares of the exchange traded fund’s stock valued at $28,599,000 after purchasing an additional 582,615 shares in the last quarter. Acadian Asset Management LLC bought a new stake in iShares MSCI Taiwan ETF during the 1st quarter valued at $26,388,000. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in iShares MSCI Taiwan ETF by 981.2% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 522,227 shares of the exchange traded fund’s stock worth $29,917,000 after buying an additional 473,927 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of iShares MSCI Taiwan ETF by 122.4% in the first quarter. The Manufacturers Life Insurance Company now owns 669,531 shares of the exchange traded fund’s stock valued at $31,789,000 after buying an additional 368,491 shares in the last quarter.

iShares MSCI Taiwan ETF Price Performance

Shares of NYSEARCA EWT opened at $64.85 on Thursday. The company has a 50-day moving average price of $64.61 and a 200-day moving average price of $60.50. The stock has a market capitalization of $6.76 billion, a P/E ratio of 17.58 and a beta of 0.94. iShares MSCI Taiwan ETF has a 1 year low of $39.44 and a 1 year high of $67.58.

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.