Citigroup Inc. Has $19.59 Million Stake in iShares MSCI Taiwan ETF $EWT

Citigroup Inc. lowered its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 38.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 307,925 shares of the exchange traded fund’s stock after selling 194,137 shares during the period. Citigroup Inc.’s holdings in iShares MSCI Taiwan ETF were worth $19,590,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWT. Cullen Capital Management LLC grew its position in iShares MSCI Taiwan ETF by 24.6% in the second quarter. Cullen Capital Management LLC now owns 156,851 shares of the exchange traded fund’s stock worth $9,003,000 after acquiring an additional 31,016 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of iShares MSCI Taiwan ETF by 177.2% in the 2nd 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 during the last quarter. City of London Investment Management Co. Ltd. boosted its holdings in iShares MSCI Taiwan ETF by 31.9% in the second quarter. City of London Investment Management Co. Ltd. now owns 937,565 shares of the exchange traded fund’s stock worth $53,816,000 after purchasing an additional 226,970 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in iShares MSCI Taiwan ETF by 31.9% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 80,140 shares of the exchange traded fund’s stock worth $5,099,000 after buying an additional 19,397 shares during the last quarter. Finally, 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 valued at $29,917,000 after buying an additional 473,927 shares in the last quarter.

iShares MSCI Taiwan ETF Price Performance

Shares of NYSEARCA:EWT opened at $76.14 on Friday. The stock has a market capitalization of $8.57 billion, a P/E ratio of 17.58 and a beta of 0.94. The business has a 50-day moving average of $68.35 and a two-hundred day moving average of $65.04. iShares MSCI Taiwan ETF has a fifty-two week low of $39.44 and a fifty-two week high of $77.25.

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.