Comerica Bank Sells 26,751 Shares of iShares MSCI Taiwan ETF $EWT

Comerica Bank reduced its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 4.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 623,241 shares of the exchange traded fund’s stock after selling 26,751 shares during the period. Comerica Bank owned about 0.57% of iShares MSCI Taiwan ETF worth $39,594,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI Taiwan ETF by 393.4% in the second quarter. BNP Paribas Financial Markets now owns 2,085,693 shares of the exchange traded fund’s stock valued at $119,719,000 after acquiring an additional 1,662,985 shares in the last quarter. Invesco Ltd. grew its holdings in shares of iShares MSCI Taiwan ETF by 12.8% in the third quarter. Invesco Ltd. now owns 1,254,110 shares of the exchange traded fund’s stock valued at $79,786,000 after acquiring an additional 142,464 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Taiwan ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 1,079,935 shares of the exchange traded fund’s stock valued at $68,706,000 after acquiring an additional 11,273 shares in the last quarter. City of London Investment Management Co. Ltd. grew its holdings in shares of iShares MSCI Taiwan ETF by 10.7% in the third quarter. City of London Investment Management Co. Ltd. now owns 1,037,816 shares of the exchange traded fund’s stock valued at $66,021,000 after acquiring an additional 100,251 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of iShares MSCI Taiwan ETF by 9.0% in the third quarter. Wellington Management Group LLP now owns 909,809 shares of the exchange traded fund’s stock valued at $57,882,000 after acquiring an additional 75,249 shares in the last quarter.

iShares MSCI Taiwan ETF Price Performance

EWT stock opened at $88.09 on Monday. The firm has a market cap of $8.85 billion, a PE ratio of 17.58 and a beta of 0.95. The business has a 50 day moving average of $74.46 and a 200-day moving average of $68.78. iShares MSCI Taiwan ETF has a 12-month low of $45.86 and a 12-month high of $88.21.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.