Cullen Capital Management LLC Acquires 115,000 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Cullen Capital Management LLC raised its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 65.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 289,696 shares of the exchange traded fund’s stock after acquiring an additional 115,000 shares during the quarter. Cullen Capital Management LLC’s holdings in iShares MSCI Taiwan ETF were worth $14,995,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EWT. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares MSCI Taiwan ETF during the 3rd quarter worth $17,778,000. Centiva Capital LP purchased a new stake in shares of iShares MSCI Taiwan ETF during the third quarter valued at about $264,000. Wellington Management Group LLP lifted its position in shares of iShares MSCI Taiwan ETF by 5.3% during the third quarter. Wellington Management Group LLP now owns 991,195 shares of the exchange traded fund’s stock valued at $53,396,000 after buying an additional 49,532 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in shares of iShares MSCI Taiwan ETF by 14.8% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 4,729 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 609 shares in the last quarter. Finally, Zacks Investment Management grew its position in shares of iShares MSCI Taiwan ETF by 54.3% in the 3rd quarter. Zacks Investment Management now owns 39,702 shares of the exchange traded fund’s stock worth $2,139,000 after buying an additional 13,967 shares during the last quarter.

iShares MSCI Taiwan ETF Stock Down 4.8 %

NYSEARCA:EWT opened at $43.82 on Friday. The firm has a 50 day moving average of $50.83 and a 200 day moving average of $52.80. iShares MSCI Taiwan ETF has a 52 week low of $43.44 and a 52 week high of $57.69. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 16.73 and a beta of 0.92.

iShares MSCI Taiwan ETF Company 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.