Public Employees Retirement System of Ohio Acquires New Position in Taiwan Fund, Inc. (The) $TWN

Public Employees Retirement System of Ohio acquired a new stake in Taiwan Fund, Inc. (The) (NYSE:TWN) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 108,047 shares of the company’s stock, valued at approximately $10,391,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Osaic Holdings Inc. raised its stake in shares of Taiwan Fund by 40.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after buying an additional 309 shares in the last quarter. Almitas Capital LLC purchased a new stake in shares of Taiwan Fund in the second quarter valued at approximately $400,000. Hudson Portfolio Management LLC purchased a new stake in shares of Taiwan Fund in the second quarter valued at approximately $625,000. Evolve Private Wealth LLC acquired a new position in Taiwan Fund during the fourth quarter worth $915,000. Finally, Quantedge Capital Pte Ltd grew its holdings in Taiwan Fund by 7.4% during the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after acquiring an additional 1,000 shares during the period.

Taiwan Fund Trading Down 0.1%

NYSE:TWN opened at $102.22 on Tuesday. Taiwan Fund, Inc. has a 1 year low of $49.56 and a 1 year high of $105.09. The stock has a fifty day moving average price of $92.58 and a two-hundred day moving average price of $83.93.

About Taiwan Fund

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.