Causeway Capital Management LLC Acquires New Stake in iShares MSCI Taiwan ETF $EWT

Causeway Capital Management LLC bought a new position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,100 shares of the exchange traded fund’s stock, valued at approximately $706,000.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its holdings in shares of iShares MSCI Taiwan ETF by 393.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,085,693 shares of the exchange traded fund’s stock valued at $119,719,000 after acquiring an additional 1,662,985 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in iShares MSCI Taiwan ETF by 2,378.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,905,456 shares of the exchange traded fund’s stock valued at $109,373,000 after purchasing an additional 1,828,566 shares in the last quarter. Schroder Investment Management Group raised its stake in iShares MSCI Taiwan ETF by 4,066.3% in the second quarter. Schroder Investment Management Group now owns 1,677,273 shares of the exchange traded fund’s stock valued at $97,030,000 after purchasing an additional 1,637,015 shares in the last quarter. Invesco Ltd. lifted its position in iShares MSCI Taiwan ETF by 16.1% during the second quarter. Invesco Ltd. now owns 1,111,646 shares of the exchange traded fund’s stock valued at $63,808,000 after purchasing an additional 154,504 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in iShares MSCI Taiwan ETF by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,079,935 shares of the exchange traded fund’s stock worth $68,706,000 after buying an additional 11,273 shares in the last quarter.

iShares MSCI Taiwan ETF Price Performance

EWT stock opened at $70.76 on Tuesday. The firm has a 50 day simple moving average of $69.69 and a two-hundred day simple moving average of $65.69. The stock has a market cap of $7.96 billion, a PE ratio of 17.58 and a beta of 0.94. iShares MSCI Taiwan ETF has a one year low of $39.44 and a one year high of $77.25.

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. 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.