iShares MSCI Taiwan ETF (NYSEARCA:EWT) Shares Sold by Cumberland Advisors Inc.

Cumberland Advisors Inc. lessened its stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 4.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,700 shares of the exchange traded fund’s stock after selling 1,760 shares during the period. iShares MSCI Taiwan ETF accounts for about 0.8% of Cumberland Advisors Inc.’s holdings, making the stock its 26th biggest position. Cumberland Advisors Inc.’s holdings in iShares MSCI Taiwan ETF were worth $2,055,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Principal Financial Group Inc. acquired a new position in iShares MSCI Taiwan ETF during the 2nd quarter worth approximately $5,572,000. Prudential PLC acquired a new stake in shares of iShares MSCI Taiwan ETF in the 2nd quarter worth approximately $871,000. American Century Companies Inc. grew its holdings in shares of iShares MSCI Taiwan ETF by 281.9% in the 2nd quarter. American Century Companies Inc. now owns 160,095 shares of the exchange traded fund’s stock worth $8,676,000 after acquiring an additional 118,179 shares during the period. Sun Life Financial Inc. grew its holdings in shares of iShares MSCI Taiwan ETF by 21.2% in the 2nd quarter. Sun Life Financial Inc. now owns 1,949,950 shares of the exchange traded fund’s stock worth $105,668,000 after acquiring an additional 340,700 shares during the period. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Taiwan ETF in the 2nd quarter worth approximately $395,000.

iShares MSCI Taiwan ETF Stock Down 1.1 %

Shares of EWT traded down $0.60 on Wednesday, reaching $52.49. The stock had a trading volume of 3,313,239 shares, compared to its average volume of 3,211,986. The firm has a market capitalization of $4.61 billion, a PE ratio of 13.20 and a beta of 0.96. The firm has a 50-day moving average of $53.74 and a 200 day moving average of $53.71. iShares MSCI Taiwan ETF has a twelve month low of $42.13 and a twelve month high of $57.69.

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.