Hsbc Holdings PLC Sells 130,085 Shares of iShares MSCI Taiwan ETF $EWT

Hsbc Holdings PLC decreased its holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 76.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,172 shares of the exchange traded fund’s stock after selling 130,085 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Taiwan ETF were worth $2,616,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EWT. Northern Trust Corp increased its stake in iShares MSCI Taiwan ETF by 15.9% in the fourth quarter. Northern Trust Corp now owns 2,763,557 shares of the exchange traded fund’s stock valued at $175,569,000 after acquiring an additional 379,584 shares during the period. BNP Paribas Financial Markets lifted its stake in iShares MSCI Taiwan ETF by 393.4% during the second 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 during the period. Sun Life Financial Inc. lifted its stake in iShares MSCI Taiwan ETF by 3.4% during the fourth quarter. Sun Life Financial Inc. now owns 1,862,881 shares of the exchange traded fund’s stock worth $118,349,000 after purchasing an additional 61,352 shares during the period. Invesco Ltd. boosted its holdings in iShares MSCI Taiwan ETF by 12.8% during 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 in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in iShares MSCI Taiwan ETF by 15.0% during the fourth quarter. Geode Capital Management LLC now owns 1,136,467 shares of the exchange traded fund’s stock valued at $72,200,000 after purchasing an additional 148,000 shares in the last quarter.

iShares MSCI Taiwan ETF Trading Up 1.1%

EWT stock opened at $106.19 on Friday. iShares MSCI Taiwan ETF has a 1-year low of $57.56 and a 1-year high of $112.78. The business’s 50 day moving average is $101.19 and its 200-day moving average is $82.04. The firm has a market cap of $10.84 billion, a P/E ratio of 17.58 and a beta of 1.08.

iShares MSCI Taiwan ETF Company 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.