Royal Bank of Canada Has $5.01 Million Holdings in iShares MSCI Taiwan ETF $EWT

Royal Bank of Canada reduced its stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 58.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,659 shares of the exchange traded fund’s stock after selling 100,093 shares during the quarter. Royal Bank of Canada owned 0.07% of iShares MSCI Taiwan ETF worth $5,011,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EWT. Northern Trust Corp raised its stake in shares of iShares MSCI Taiwan ETF by 15.9% in the 4th quarter. Northern Trust Corp now owns 2,763,557 shares of the exchange traded fund’s stock valued at $175,569,000 after purchasing an additional 379,584 shares during the period. BNP Paribas Financial Markets boosted its position in iShares MSCI Taiwan ETF by 393.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,085,693 shares of the exchange traded fund’s stock worth $119,719,000 after acquiring an additional 1,662,985 shares during the last quarter. Sun Life Financial Inc. grew its stake in shares of iShares MSCI Taiwan ETF by 3.4% during the 4th quarter. Sun Life Financial Inc. now owns 1,862,881 shares of the exchange traded fund’s stock worth $118,349,000 after acquiring an additional 61,352 shares in the last quarter. Invesco Ltd. raised its holdings in shares of iShares MSCI Taiwan ETF by 12.8% in the third quarter. Invesco Ltd. now owns 1,254,110 shares of the exchange traded fund’s stock valued at $79,786,000 after purchasing an additional 142,464 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of iShares MSCI Taiwan ETF by 2,779.7% in the first quarter. Hsbc Holdings PLC now owns 1,185,627 shares of the exchange traded fund’s stock valued at $84,084,000 after purchasing an additional 1,144,455 shares during the last quarter.

iShares MSCI Taiwan ETF Stock Up 2.2%

Shares of EWT stock opened at $106.18 on Thursday. iShares MSCI Taiwan ETF has a 12 month low of $57.56 and a 12 month high of $112.78. The company’s fifty day simple moving average is $102.35 and its 200-day simple moving average is $87.75. The firm has a market cap of $11.05 billion, a PE ratio of 17.58 and a beta of 1.10.

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.