Yousif Capital Management LLC Sells 16,050 Shares of iShares MSCI Taiwan ETF $EWT

Yousif Capital Management LLC trimmed its holdings in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 632,518 shares of the exchange traded fund’s stock after selling 16,050 shares during the quarter. iShares MSCI Taiwan ETF comprises about 0.5% of Yousif Capital Management LLC’s investment portfolio, making the stock its 25th largest holding. Yousif Capital Management LLC owned approximately 0.58% of iShares MSCI Taiwan ETF worth $42,088,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EWT. Triumph Capital Management bought a new position in iShares MSCI Taiwan ETF during the third quarter worth about $55,000. FLP Wealth Management LLC bought a new position in iShares MSCI Taiwan ETF during the third quarter worth about $65,000. Farther Finance Advisors LLC increased its position in iShares MSCI Taiwan ETF by 25.7% during the third quarter. Farther Finance Advisors LLC now owns 1,071 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 219 shares during the period. Raymond James Financial Inc. bought a new position in iShares MSCI Taiwan ETF during the second quarter worth about $153,000. Finally, Advisory Services Network LLC bought a new position in iShares MSCI Taiwan ETF during the third quarter worth about $172,000.

iShares MSCI Taiwan ETF Stock Performance

NYSEARCA:EWT opened at $71.82 on Wednesday. iShares MSCI Taiwan ETF has a 52 week low of $39.44 and a 52 week high of $77.25. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 17.58 and a beta of 0.95. The firm’s 50-day simple moving average is $71.56 and its 200 day simple moving average is $67.18.

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.