iShares MSCI Taiwan ETF (NYSEARCA:EWT) Hits New 1-Year High – Still a Buy?

iShares MSCI Taiwan ETF (NYSEARCA:EWTGet Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $114.32 and last traded at $114.4110, with a volume of 143756 shares. The stock had previously closed at $111.64.

iShares MSCI Taiwan ETF Stock Performance

The company has a market cap of $11.95 billion, a price-to-earnings ratio of 17.58 and a beta of 1.11. The business has a 50-day simple moving average of $104.23 and a 200-day simple moving average of $94.63.

Institutional Trading of iShares MSCI Taiwan ETF

Large investors have recently made changes to their positions in the company. Main Street Group LTD purchased a new position in iShares MSCI Taiwan ETF in the first quarter worth approximately $29,000. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Taiwan ETF in the 1st quarter valued at $32,000. Solstein Capital LLC raised its holdings in shares of iShares MSCI Taiwan ETF by 1,660.7% in the 4th quarter. Solstein Capital LLC now owns 493 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 465 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the 4th quarter worth $35,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the 1st quarter worth $39,000.

iShares MSCI Taiwan ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares MSCI Taiwan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Taiwan ETF and related companies with MarketBeat.com's FREE daily email newsletter.