Principal Financial Group Inc. Boosts Stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Principal Financial Group Inc. increased its position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 163.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 271,168 shares of the exchange traded fund’s stock after buying an additional 168,341 shares during the quarter. Principal Financial Group Inc. owned about 0.31% of iShares MSCI Taiwan ETF worth $14,608,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EWT. Farther Finance Advisors LLC raised its holdings in shares of iShares MSCI Taiwan ETF by 885.4% in the third quarter. Farther Finance Advisors LLC now owns 946 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 850 shares during the last quarter. WestEnd Advisors LLC lifted its position in iShares MSCI Taiwan ETF by 25.4% during the 3rd quarter. WestEnd Advisors LLC now owns 1,147 shares of the exchange traded fund’s stock worth $62,000 after acquiring an additional 232 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of iShares MSCI Taiwan ETF in the 3rd quarter valued at approximately $222,000. Kovitz Investment Group Partners LLC increased its holdings in shares of iShares MSCI Taiwan ETF by 14.8% in the third quarter. Kovitz Investment Group Partners LLC now owns 4,729 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 609 shares during the period. Finally, Centiva Capital LP acquired a new stake in shares of iShares MSCI Taiwan ETF during the third quarter worth $264,000.

iShares MSCI Taiwan ETF Price Performance

NYSEARCA:EWT opened at $52.55 on Friday. The firm has a market cap of $4.62 billion, a price-to-earnings ratio of 13.20 and a beta of 0.96. The firm’s fifty day moving average price is $54.24 and its 200 day moving average price is $53.78. iShares MSCI Taiwan ETF has a 1-year low of $42.13 and a 1-year high of $57.69.

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.