Boltwood Capital Management Purchases New Position in iShares MSCI Taiwan ETF $EWT

Boltwood Capital Management acquired a new stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,950 shares of the exchange traded fund’s stock, valued at approximately $1,688,000.

A number of other large investors also recently bought and sold shares of the business. Hsbc Holdings PLC lifted its holdings in 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 buying an additional 1,144,455 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of iShares MSCI Taiwan ETF in the 2nd quarter valued at $103,684,000. Fifth Third Bancorp bought a new position in shares of iShares MSCI Taiwan ETF in the 1st quarter worth $43,753,000. Lido Advisors LLC raised its position in shares of iShares MSCI Taiwan ETF by 156.5% in the 1st quarter. Lido Advisors LLC now owns 263,861 shares of the exchange traded fund’s stock worth $18,713,000 after acquiring an additional 160,994 shares in the last quarter. Finally, Cullen Capital Management LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the 2nd quarter worth $17,399,000.

iShares MSCI Taiwan ETF Stock Performance

EWT stock traded up $3.55 during trading on Friday, reaching $116.33. 5,860,305 shares of the company traded hands, compared to its average volume of 5,892,391. iShares MSCI Taiwan ETF has a 12 month low of $59.96 and a 12 month high of $116.71. The business has a 50 day simple moving average of $106.70 and a 200 day simple moving average of $97.37. The company has a market capitalization of $12.70 billion, a price-to-earnings ratio of 17.58 and a beta of 1.11.

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.