Mirae Asset Global Investments Co. Ltd. Buys 18,088 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Mirae Asset Global Investments Co. Ltd. raised its position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 3.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 572,138 shares of the exchange traded fund’s stock after acquiring an additional 18,088 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI Taiwan ETF were worth $26,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. TD Asset Management Inc increased its holdings in iShares MSCI Taiwan ETF by 2.4% in the 2nd quarter. TD Asset Management Inc now owns 22,384 shares of the exchange traded fund’s stock worth $1,052,000 after acquiring an additional 523 shares during the last quarter. Kabouter Management LLC bought a new position in iShares MSCI Taiwan ETF during the second quarter worth about $25,000. Pictet North America Advisors SA raised its position in shares of iShares MSCI Taiwan ETF by 1.7% in the second quarter. Pictet North America Advisors SA now owns 41,784 shares of the exchange traded fund’s stock valued at $1,965,000 after purchasing an additional 716 shares during the period. Banque Pictet & Cie SA lifted its stake in shares of iShares MSCI Taiwan ETF by 0.5% during the 2nd quarter. Banque Pictet & Cie SA now owns 154,824 shares of the exchange traded fund’s stock valued at $7,280,000 after buying an additional 716 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in iShares MSCI Taiwan ETF by 14.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 5,733 shares of the exchange traded fund’s stock valued at $270,000 after buying an additional 737 shares in the last quarter.

iShares MSCI Taiwan ETF Price Performance

NYSEARCA:EWT opened at $48.31 on Tuesday. iShares MSCI Taiwan ETF has a 1 year low of $39.75 and a 1 year high of $51.08. The stock’s fifty day moving average price is $45.25 and its two-hundred day moving average price is $46.09. The company has a market cap of $3.90 billion, a P/E ratio of 10.02 and a beta of 0.86.

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.