Cullen Capital Management LLC Takes $17.40 Million Position in iShares MSCI Taiwan ETF $EWT

Cullen Capital Management LLC purchased a new stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 160,199 shares of the exchange traded fund’s stock, valued at approximately $17,399,000.

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

iShares MSCI Taiwan ETF Price Performance

iShares MSCI Taiwan ETF stock opened at $103.33 on Tuesday. The stock’s 50 day moving average is $102.92 and its 200 day moving average is $89.76. iShares MSCI Taiwan ETF has a one year low of $57.56 and a one year high of $112.78. The firm has a market cap of $10.76 billion, a P/E 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.