Pilgrim Partners Asia Pte Ltd Purchases 13,050 Shares of iShares MSCI Taiwan ETF $EWT

Pilgrim Partners Asia Pte Ltd purchased a new position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the third quarter, HoldingsChannel reports. The firm purchased 13,050 shares of the exchange traded fund’s stock, valued at approximately $1,473,000. iShares MSCI Taiwan ETF accounts for 0.3% of Pilgrim Partners Asia Pte Ltd’s portfolio, making the stock its 24th biggest position.

Other institutional investors also recently modified their holdings of the company. Arta Finance Wealth Management LLC boosted its holdings in iShares MSCI Taiwan ETF by 5.3% in the third quarter. Arta Finance Wealth Management LLC now owns 3,138 shares of the exchange traded fund’s stock valued at $354,000 after acquiring an additional 159 shares during the last quarter. International Assets Investment Management LLC raised its stake in iShares MSCI Taiwan ETF by 143.0% during the third quarter. International Assets Investment Management LLC now owns 13,000 shares of the exchange traded fund’s stock worth $1,468,000 after buying an additional 7,650 shares during the last quarter. VestGen Advisors LLC raised its stake in iShares MSCI Taiwan ETF by 14.1% during the third quarter. VestGen Advisors LLC now owns 37,991 shares of the exchange traded fund’s stock worth $4,289,000 after buying an additional 4,693 shares during the last quarter. Smith Group Asset Management LLC acquired a new position in iShares MSCI Taiwan ETF in the third quarter valued at $444,000. Finally, WestEnd Advisors LLC acquired a new position in iShares MSCI Taiwan ETF in the third quarter valued at $416,000.

iShares MSCI Taiwan ETF Trading Down 4.6%

Shares of EWT opened at $101.11 on Friday. The firm’s fifty day simple moving average is $110.19 and its two-hundred day simple moving average is $93.10. iShares MSCI Taiwan ETF has a 12 month low of $59.96 and a 12 month high of $118.47. The stock has a market capitalization of $11.04 billion, a P/E ratio of 17.58 and a beta of 1.10.

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.