CIBC Asset Management Inc Sells 7,451 Shares of iShares MSCI Taiwan ETF $EWT

CIBC Asset Management Inc lowered its position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 55.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,941 shares of the exchange traded fund’s stock after selling 7,451 shares during the period. CIBC Asset Management Inc’s holdings in iShares MSCI Taiwan ETF were worth $377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EWT. Royal Bank of Canada grew its position in iShares MSCI Taiwan ETF by 177.2% during the 1st quarter. Royal Bank of Canada now owns 146,633 shares of the exchange traded fund’s stock worth $6,962,000 after acquiring an additional 93,731 shares during the last quarter. Goldman Sachs Group Inc. grew its position 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 worth $28,599,000 after acquiring an additional 582,615 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in iShares MSCI Taiwan ETF during the 1st quarter worth $15,669,000. M&T Bank Corp grew its position in iShares MSCI Taiwan ETF by 3.6% during the 2nd quarter. M&T Bank Corp now owns 5,065 shares of the exchange traded fund’s stock worth $291,000 after acquiring an additional 178 shares during the last quarter. Finally, Amundi grew its position in iShares MSCI Taiwan ETF by 52.4% during the 2nd quarter. Amundi now owns 93,560 shares of the exchange traded fund’s stock worth $5,497,000 after acquiring an additional 32,160 shares during the last quarter.

iShares MSCI Taiwan ETF Stock Up 0.4%

Shares of EWT stock opened at $100.80 on Wednesday. The firm has a market capitalization of $10.34 billion, a P/E ratio of 17.58 and a beta of 1.09. iShares MSCI Taiwan ETF has a twelve month low of $54.31 and a twelve month high of $107.40. The stock’s fifty day simple moving average is $89.10 and its 200 day simple moving average is $75.43.

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.