Bank of New York Mellon Corp Sells 81,750 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Bank of New York Mellon Corp reduced its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 19.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 341,929 shares of the exchange traded fund’s stock after selling 81,750 shares during the period. Bank of New York Mellon Corp owned approximately 0.39% of iShares MSCI Taiwan ETF worth $17,698,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Millburn Ridgefield Corp raised its position in iShares MSCI Taiwan ETF by 13.2% in the 4th quarter. Millburn Ridgefield Corp now owns 1,153,924 shares of the exchange traded fund’s stock valued at $59,727,000 after buying an additional 134,748 shares during the last quarter. Wellington Management Group LLP raised its position in iShares MSCI Taiwan ETF by 5.3% in the 3rd quarter. Wellington Management Group LLP now owns 991,195 shares of the exchange traded fund’s stock valued at $53,396,000 after buying an additional 49,532 shares during the last quarter. Yousif Capital Management LLC raised its position in iShares MSCI Taiwan ETF by 31.7% in the 4th quarter. Yousif Capital Management LLC now owns 655,322 shares of the exchange traded fund’s stock valued at $33,919,000 after buying an additional 157,825 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares MSCI Taiwan ETF in the 3rd quarter valued at $17,778,000. Finally, Principal Financial Group Inc. raised its position in iShares MSCI Taiwan ETF by 163.7% in the 3rd quarter. Principal Financial Group Inc. now owns 271,168 shares of the exchange traded fund’s stock valued at $14,608,000 after buying an additional 168,341 shares during the last quarter.

iShares MSCI Taiwan ETF Price Performance

Shares of iShares MSCI Taiwan ETF stock opened at $49.98 on Wednesday. iShares MSCI Taiwan ETF has a 1 year low of $45.06 and a 1 year high of $57.69. The firm has a market cap of $5.06 billion, a PE ratio of 18.75 and a beta of 0.88. The stock has a fifty day moving average price of $51.97 and a 200-day moving average price of $53.24.

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.