Sumitomo Mitsui Trust Holdings Inc. Has $1.24 Million Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Sumitomo Mitsui Trust Holdings Inc. lowered its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 1.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 26,969 shares of the exchange traded fund’s stock after selling 409 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in iShares MSCI Taiwan ETF were worth $1,241,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp grew its holdings in iShares MSCI Taiwan ETF by 133.3% during the third quarter. Northern Trust Corp now owns 3,778,603 shares of the exchange traded fund’s stock valued at $168,337,000 after purchasing an additional 2,159,107 shares during the last quarter. Catalyst Capital Advisors LLC boosted its position in shares of iShares MSCI Taiwan ETF by 203.2% in the third quarter. Catalyst Capital Advisors LLC now owns 1,084,840 shares of the exchange traded fund’s stock valued at $48,330,000 after acquiring an additional 727,018 shares during the period. Legal & General Group Plc lifted its position in iShares MSCI Taiwan ETF by 6.8% in the third quarter. Legal & General Group Plc now owns 735,899 shares of the exchange traded fund’s stock worth $32,795,000 after purchasing an additional 46,668 shares during the period. Wellington Management Group LLP lifted its position in iShares MSCI Taiwan ETF by 12.8% in the third quarter. Wellington Management Group LLP now owns 700,302 shares of the exchange traded fund’s stock worth $31,198,000 after purchasing an additional 79,710 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in iShares MSCI Taiwan ETF by 1.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 472,294 shares of the exchange traded fund’s stock worth $21,740,000 after purchasing an additional 5,460 shares during the period.

iShares MSCI Taiwan ETF Price Performance

Shares of EWT stock opened at $46.54 on Friday. The stock has a market cap of $3.95 billion, a P/E ratio of 13.56 and a beta of 0.95. iShares MSCI Taiwan ETF has a one year low of $42.13 and a one year high of $50.19. The stock has a fifty day moving average price of $47.72 and a 200 day moving average price of $46.55.

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.