Spinnaker Trust Sells 1,771 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Spinnaker Trust cut its holdings in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 0.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 197,611 shares of the exchange traded fund’s stock after selling 1,771 shares during the quarter. Spinnaker Trust’s holdings in iShares MSCI Taiwan ETF were worth $10,645,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in EWT. Sonoma Private Wealth LLC increased its stake in iShares MSCI Taiwan ETF by 2.8% during the 3rd quarter. Sonoma Private Wealth LLC now owns 7,155 shares of the exchange traded fund’s stock worth $385,000 after buying an additional 198 shares in the last quarter. WestEnd Advisors LLC lifted its holdings in iShares MSCI Taiwan ETF by 25.4% in the 3rd quarter. WestEnd Advisors LLC now owns 1,147 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 232 shares in the last quarter. Fiduciary Financial Group LLC boosted its stake in iShares MSCI Taiwan ETF by 4.4% during the 3rd quarter. Fiduciary Financial Group LLC now owns 7,050 shares of the exchange traded fund’s stock worth $383,000 after purchasing an additional 297 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of iShares MSCI Taiwan ETF by 1.5% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 23,308 shares of the exchange traded fund’s stock worth $1,256,000 after buying an additional 335 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of iShares MSCI Taiwan ETF by 10.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,820 shares of the exchange traded fund’s stock valued at $315,000 after buying an additional 540 shares during the last quarter.

iShares MSCI Taiwan ETF Trading Down 2.2 %

EWT stock traded down $1.24 during mid-day trading on Wednesday, reaching $54.70. The company’s stock had a trading volume of 863,642 shares, compared to its average volume of 3,525,891. The stock has a market cap of $4.81 billion, a PE ratio of 13.20 and a beta of 0.96. The company’s 50 day moving average is $54.07 and its two-hundred day moving average is $52.70. iShares MSCI Taiwan ETF has a fifty-two week low of $42.13 and a fifty-two week high of $57.69.

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.