Franklin Resources Inc. Acquires 450,481 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Franklin Resources Inc. raised its holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 341.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 582,368 shares of the exchange traded fund’s stock after buying an additional 450,481 shares during the period. Franklin Resources Inc. owned about 0.66% of iShares MSCI Taiwan ETF worth $30,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its holdings in iShares MSCI Taiwan ETF by 21.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,492,767 shares of the exchange traded fund’s stock worth $77,266,000 after buying an additional 268,617 shares in the last quarter. Millburn Ridgefield Corp boosted its holdings in iShares MSCI Taiwan ETF by 13.2% during the 4th quarter. Millburn Ridgefield Corp now owns 1,153,924 shares of the exchange traded fund’s stock worth $59,727,000 after acquiring an additional 134,748 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of iShares MSCI Taiwan ETF by 5.3% in the 3rd quarter. Wellington Management Group LLP now owns 991,195 shares of the exchange traded fund’s stock worth $53,396,000 after acquiring an additional 49,532 shares in the last quarter. Yousif Capital Management LLC raised its holdings in shares of iShares MSCI Taiwan ETF by 31.7% in the fourth quarter. Yousif Capital Management LLC now owns 655,322 shares of the exchange traded fund’s stock valued at $33,919,000 after purchasing an additional 157,825 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares MSCI Taiwan ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 464,978 shares of the exchange traded fund’s stock valued at $24,067,000 after purchasing an additional 36,270 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

iShares MSCI Taiwan ETF stock opened at $43.82 on Friday. The stock has a market cap of $4.03 billion, a PE ratio of 16.73 and a beta of 0.92. iShares MSCI Taiwan ETF has a fifty-two week low of $43.44 and a fifty-two week high of $57.69. The firm’s 50-day simple moving average is $50.83 and its 200 day simple moving average is $52.80.

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.