Diversify Wealth Management LLC Makes New Investment in iShares MSCI Taiwan ETF $EWT

Diversify Wealth Management LLC acquired a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the first quarter, HoldingsChannel reports. The institutional investor acquired 25,183 shares of the exchange traded fund’s stock, valued at approximately $1,786,000.

Several other large investors have also recently modified their holdings of EWT. Royal Bank of Canada grew its position in iShares MSCI Taiwan ETF by 177.2% during the 1st quarter. Royal Bank of Canada now owns 146,633 shares of the exchange traded fund’s stock valued at $6,962,000 after purchasing an additional 93,731 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares MSCI Taiwan ETF by 2,953.1% in the first quarter. Goldman Sachs Group Inc. now owns 602,344 shares of the exchange traded fund’s stock worth $28,599,000 after buying an additional 582,615 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the first quarter valued at approximately $15,669,000. M&T Bank Corp increased its position in shares of iShares MSCI Taiwan ETF by 3.6% during the second quarter. M&T Bank Corp now owns 5,065 shares of the exchange traded fund’s stock valued at $291,000 after acquiring an additional 178 shares in the last quarter. Finally, Amundi increased its position in shares of iShares MSCI Taiwan ETF by 52.4% during the second quarter. Amundi now owns 93,560 shares of the exchange traded fund’s stock valued at $5,497,000 after acquiring an additional 32,160 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

EWT stock opened at $101.88 on Wednesday. The stock has a market capitalization of $10.40 billion, a PE ratio of 17.58 and a beta of 1.08. iShares MSCI Taiwan ETF has a 12-month low of $57.56 and a 12-month high of $112.78. The stock’s 50 day simple moving average is $101.61 and its 200 day simple moving average is $82.74.

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. 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.