iShares MSCI Taiwan ETF $EWT Stock Position Lowered by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. trimmed its position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 4.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,474 shares of the exchange traded fund’s stock after selling 475 shares during the period. Meridian Investment Counsel Inc.’s holdings in iShares MSCI Taiwan ETF were worth $659,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. CX Institutional acquired a new stake in shares of iShares MSCI Taiwan ETF in the first quarter valued at approximately $28,000. Private Wealth Management Group LLC acquired a new stake in shares of iShares MSCI Taiwan ETF during the 1st quarter worth $71,000. WestEnd Advisors LLC grew its stake in shares of iShares MSCI Taiwan ETF by 175.6% during the first quarter. WestEnd Advisors LLC now owns 3,142 shares of the exchange traded fund’s stock worth $149,000 after buying an additional 2,002 shares during the last quarter. Kovitz Investment Group Partners LLC raised its position in shares of iShares MSCI Taiwan ETF by 11.5% during the first quarter. Kovitz Investment Group Partners LLC now owns 4,959 shares of the exchange traded fund’s stock worth $235,000 after acquiring an additional 512 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of iShares MSCI Taiwan ETF by 7.3% during the first quarter. Cetera Investment Advisers now owns 5,322 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 364 shares during the period.

iShares MSCI Taiwan ETF Stock Performance

Shares of EWT opened at $62.74 on Friday. The stock has a 50 day moving average price of $60.52 and a two-hundred day moving average price of $54.84. The firm has a market capitalization of $6.61 billion, a P/E ratio of 17.58 and a beta of 0.86. iShares MSCI Taiwan ETF has a 52 week low of $39.44 and a 52 week high of $64.67.

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.