The Manufacturers Life Insurance Company Makes New $103.68 Million Investment in iShares MSCI Taiwan ETF $EWT

The Manufacturers Life Insurance Company purchased a new position in iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 954,641 shares of the exchange traded fund’s stock, valued at approximately $103,684,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vident Advisory LLC boosted its holdings in shares of iShares MSCI Taiwan ETF by 2.1% in the 3rd quarter. Vident Advisory LLC now owns 8,069 shares of the exchange traded fund’s stock valued at $513,000 after buying an additional 168 shares during the period. M&T Bank Corp raised its stake in iShares MSCI Taiwan ETF by 3.6% during the second quarter. M&T Bank Corp now owns 5,065 shares of the exchange traded fund’s stock worth $291,000 after acquiring an additional 178 shares during the period. Capital Wealth Alliance LLC lifted its holdings in iShares MSCI Taiwan ETF by 4.1% in the fourth quarter. Capital Wealth Alliance LLC now owns 7,536 shares of the exchange traded fund’s stock worth $479,000 after acquiring an additional 300 shares during the last quarter. Main Street Group LTD bought a new position in iShares MSCI Taiwan ETF in the first quarter worth about $29,000. Finally, Acumen Wealth Advisors LLC acquired a new position in iShares MSCI Taiwan ETF in the first quarter valued at approximately $32,000.

iShares MSCI Taiwan ETF Stock Up 1.8%

Shares of EWT stock opened at $110.91 on Friday. The company has a market cap of $11.55 billion, a P/E ratio of 17.58 and a beta of 1.11. The business has a 50 day moving average of $103.83 and a two-hundred day moving average of $93.32. iShares MSCI Taiwan ETF has a 52 week low of $59.96 and a 52 week high of $112.78.

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.