iShares MSCI Taiwan ETF $EWT Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its holdings in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 76.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,172 shares of the exchange traded fund’s stock after selling 130,085 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI Taiwan ETF were worth $2,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Causeway Capital Management LLC purchased a new position in shares of iShares MSCI Taiwan ETF during the 3rd quarter valued at approximately $706,000. Exchange Traded Concepts LLC grew its position in iShares MSCI Taiwan ETF by 13,656.2% during the fourth quarter. Exchange Traded Concepts LLC now owns 176,354 shares of the exchange traded fund’s stock valued at $11,204,000 after buying an additional 175,072 shares during the period. Aberdeen Group plc acquired a new stake in iShares MSCI Taiwan ETF during the fourth quarter valued at $3,572,000. Catalyst Capital Advisors LLC increased its holdings in iShares MSCI Taiwan ETF by 3.1% in the fourth quarter. Catalyst Capital Advisors LLC now owns 1,023,668 shares of the exchange traded fund’s stock valued at $65,034,000 after buying an additional 30,853 shares in the last quarter. Finally, Horizon Investments LLC increased its holdings in iShares MSCI Taiwan ETF by 2,191,187.5% in the fourth quarter. Horizon Investments LLC now owns 175,303 shares of the exchange traded fund’s stock valued at $11,137,000 after buying an additional 175,295 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

Shares of iShares MSCI Taiwan ETF stock opened at $102.81 on Monday. The firm has a 50-day simple moving average of $97.15 and a two-hundred day simple moving average of $79.21. iShares MSCI Taiwan ETF has a fifty-two week low of $57.03 and a fifty-two week high of $112.78. The company has a market cap of $10.55 billion, a P/E ratio of 17.58 and a beta of 1.09.

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.