iShares MSCI Taiwan ETF (NYSEARCA:EWT) Shares Pass Above 50 Day Moving Average – What’s Next?

iShares MSCI Taiwan ETF (NYSEARCA:EWT)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $65.86 and traded as high as $70.99. iShares MSCI Taiwan ETF shares last traded at $70.76, with a volume of 3,554,294 shares trading hands.

iShares MSCI Taiwan ETF Stock Up 1.0%

The stock has a market capitalization of $7.96 billion, a PE ratio of 17.58 and a beta of 0.94. The firm has a 50 day moving average price of $65.86 and a 200-day moving average price of $63.78.

Institutional Trading of iShares MSCI Taiwan ETF

Large investors have recently made changes to their positions in the business. Banque Cantonale Vaudoise raised its holdings in shares of iShares MSCI Taiwan ETF by 0.4% during the third quarter. Banque Cantonale Vaudoise now owns 37,937 shares of the exchange traded fund’s stock worth $2,414,000 after purchasing an additional 158 shares during the last quarter. Vident Advisory LLC grew its position in iShares MSCI Taiwan ETF by 2.1% during the 3rd quarter. Vident Advisory LLC now owns 8,069 shares of the exchange traded fund’s stock worth $513,000 after purchasing an additional 168 shares during the period. M&T Bank Corp raised its stake in shares of iShares MSCI Taiwan ETF by 3.6% during the 2nd quarter. M&T Bank Corp now owns 5,065 shares of the exchange traded fund’s stock valued at $291,000 after buying an additional 178 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of iShares MSCI Taiwan ETF by 2.6% in the 3rd quarter. Bessemer Group Inc. now owns 7,815 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 198 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of iShares MSCI Taiwan ETF by 25.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,071 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 219 shares during the period.

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.