Taiwan Fund, Inc. (The) (NYSE:TWN – Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $84.94 and traded as low as $83.49. Taiwan Fund shares last traded at $84.5330, with a volume of 47,328 shares trading hands.
Taiwan Fund Price Performance
The firm’s 50 day moving average price is $99.13 and its 200-day moving average price is $84.94.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Blue Bell Private Wealth Management LLC lifted its stake in shares of Taiwan Fund by 18.1% in the third quarter. Blue Bell Private Wealth Management LLC now owns 4,571 shares of the company’s stock valued at $466,000 after buying an additional 701 shares during the period. Quantedge Capital Pte Ltd increased its stake in Taiwan Fund by 7.4% during the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after acquiring an additional 1,000 shares during the period. Susquehanna International Group LLP bought a new position in Taiwan Fund during the second quarter valued at about $268,000. Almitas Capital LLC bought a new position in Taiwan Fund during the second quarter valued at about $400,000. Finally, Hudson Portfolio Management LLC acquired a new position in Taiwan Fund in the 2nd quarter valued at approximately $625,000.
Taiwan Fund Company Profile
Taiwan Fund, Inc (NYSE: TWN) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in publicly traded companies in Taiwan. Rather than operating a commercial business, the fund provides investors with access to Taiwan’s equity markets through a professionally managed portfolio.
The fund’s investments may span a range of Taiwanese industries and companies, with portfolio exposure generally reflecting opportunities and developments within the country’s economy.
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