iShares MSCI Taiwan ETF (NYSEARCA:EWT) Shares Sold by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. lessened its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 28.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,836 shares of the exchange traded fund’s stock after selling 5,900 shares during the period. Meridian Investment Counsel Inc.’s holdings in iShares MSCI Taiwan ETF were worth $768,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC raised its position in iShares MSCI Taiwan ETF by 66.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 581 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 232 shares in the last quarter. Finley Financial LLC bought a new stake in shares of iShares MSCI Taiwan ETF in the 4th quarter worth approximately $90,000. AlphaCentric Advisors LLC raised its holdings in shares of iShares MSCI Taiwan ETF by 8.7% in the 4th quarter. AlphaCentric Advisors LLC now owns 2,516 shares of the exchange traded fund’s stock worth $130,000 after purchasing an additional 202 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in iShares MSCI Taiwan ETF during the fourth quarter valued at approximately $138,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in iShares MSCI Taiwan ETF by 89.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,262 shares of the exchange traded fund’s stock worth $169,000 after buying an additional 1,538 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

NYSEARCA EWT opened at $47.82 on Monday. iShares MSCI Taiwan ETF has a 1 year low of $45.06 and a 1 year high of $57.69. The business’s fifty day moving average is $51.46 and its two-hundred day moving average is $53.01. The stock has a market capitalization of $4.47 billion, a P/E ratio of 17.72 and a beta of 0.92.

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.