Twin Tree Management LP Takes $891,000 Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Twin Tree Management LP bought a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the fourth quarter, HoldingsChannel.com reports. The fund bought 17,215 shares of the exchange traded fund’s stock, valued at approximately $891,000.

A number of other hedge funds have also recently modified their holdings of EWT. Millburn Ridgefield Corp grew its stake in shares of iShares MSCI Taiwan ETF by 0.5% during the third quarter. Millburn Ridgefield Corp now owns 1,019,176 shares of the exchange traded fund’s stock valued at $54,903,000 after buying an additional 5,232 shares during the last quarter. Caprock Group LLC increased its holdings in iShares MSCI Taiwan ETF by 1.6% during the 3rd quarter. Caprock Group LLC now owns 12,435 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 197 shares during the period. Citigroup Inc. increased its holdings in iShares MSCI Taiwan ETF by 17.9% during the 3rd quarter. Citigroup Inc. now owns 207,375 shares of the exchange traded fund’s stock worth $11,171,000 after purchasing an additional 31,486 shares during the period. DRW Securities LLC purchased a new position in iShares MSCI Taiwan ETF during the 3rd quarter worth $319,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in iShares MSCI Taiwan ETF during the 3rd quarter worth $17,778,000.

iShares MSCI Taiwan ETF Stock Down 1.0 %

EWT opened at $50.20 on Wednesday. The stock’s fifty day moving average is $51.76 and its two-hundred day moving average is $53.11. The company has a market capitalization of $4.69 billion, a P/E ratio of 17.72 and a beta of 0.92. iShares MSCI Taiwan ETF has a 52 week low of $45.06 and a 52 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.