Franklin Resources Inc. Has $2.49 Million Holdings in iShares MSCI Taiwan ETF $EWT

Franklin Resources Inc. lessened its position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 66.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,443 shares of the exchange traded fund’s stock after selling 84,155 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI Taiwan ETF were worth $2,494,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of EWT. Legacy Capital Group California Inc. grew its holdings in iShares MSCI Taiwan ETF by 4.4% during the 1st quarter. Legacy Capital Group California Inc. now owns 8,366 shares of the exchange traded fund’s stock worth $397,000 after acquiring an additional 350 shares during the period. Cetera Investment Advisers boosted its position in shares of iShares MSCI Taiwan ETF by 7.3% during the 1st 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 in the last quarter. Gould Asset Management LLC CA grew its stake in iShares MSCI Taiwan ETF by 2.5% during the second quarter. Gould Asset Management LLC CA now owns 16,460 shares of the exchange traded fund’s stock worth $945,000 after purchasing an additional 400 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in iShares MSCI Taiwan ETF by 0.3% in the second quarter. Nomura Asset Management Co. Ltd. now owns 151,780 shares of the exchange traded fund’s stock worth $8,712,000 after purchasing an additional 480 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in iShares MSCI Taiwan ETF by 11.5% in the first quarter. Kovitz Investment Group Partners LLC now owns 4,959 shares of the exchange traded fund’s stock valued at $235,000 after buying an additional 512 shares during the period.

iShares MSCI Taiwan ETF Stock Performance

iShares MSCI Taiwan ETF stock opened at $64.85 on Thursday. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 17.58 and a beta of 0.94. iShares MSCI Taiwan ETF has a 52-week low of $39.44 and a 52-week high of $67.58. The stock’s 50 day moving average price is $64.61 and its two-hundred day moving average price is $60.50.

iShares MSCI Taiwan ETF 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.