iShares MSCI Taiwan ETF $EWT Shares Newly Bought by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. purchased a new stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 65,086 shares of the exchange traded fund’s stock, valued at approximately $7,348,000. Pekin Hardy Strauss Inc. owned 0.06% of iShares MSCI Taiwan ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Main Street Group LTD purchased a new position in shares of iShares MSCI Taiwan ETF during the 1st quarter worth approximately $29,000. Acumen Wealth Advisors LLC acquired a new stake in iShares MSCI Taiwan ETF in the 1st quarter valued at approximately $32,000. Robinson Value Management Ltd. acquired a new stake in iShares MSCI Taiwan ETF in the 3rd quarter valued at approximately $35,000. CoreCap Advisors LLC purchased a new stake in iShares MSCI Taiwan ETF in the second quarter valued at approximately $60,000. Finally, International Assets Investment Management LLC raised its position in iShares MSCI Taiwan ETF by 210.5% in the first quarter. International Assets Investment Management LLC now owns 1,099 shares of the exchange traded fund’s stock valued at $79,000 after purchasing an additional 745 shares during the period.

iShares MSCI Taiwan ETF Stock Down 11.5%

NYSEARCA:EWT opened at $85.88 on Friday. The stock’s fifty day moving average is $109.44 and its two-hundred day moving average is $93.67. iShares MSCI Taiwan ETF has a 52 week low of $59.96 and a 52 week high of $118.47. The stock has a market capitalization of $9.33 billion, a price-to-earnings ratio of 17.58 and a beta of 1.16.

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.