Ayalon Insurance Comp Ltd. Sells 1,063 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Ayalon Insurance Comp Ltd. lowered its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 8.7% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 11,136 shares of the exchange traded fund’s stock after selling 1,063 shares during the period. Ayalon Insurance Comp Ltd.’s holdings in iShares MSCI Taiwan ETF were worth $542,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in EWT. Advisors Preferred LLC acquired a new position in shares of iShares MSCI Taiwan ETF in the 4th quarter valued at $42,000. Tower Research Capital LLC TRC raised its position in iShares MSCI Taiwan ETF by 39.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,211 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 344 shares in the last quarter. Connectus Wealth LLC bought a new position in iShares MSCI Taiwan ETF during the fourth quarter worth about $221,000. Global Retirement Partners LLC boosted its holdings in iShares MSCI Taiwan ETF by 298.4% during the fourth quarter. Global Retirement Partners LLC now owns 5,287 shares of the exchange traded fund’s stock valued at $227,000 after purchasing an additional 3,960 shares in the last quarter. Finally, BOCHK Asset Management Ltd bought a new stake in shares of iShares MSCI Taiwan ETF in the 4th quarter valued at approximately $230,000.

iShares MSCI Taiwan ETF Price Performance

Shares of EWT traded down $0.41 during mid-day trading on Wednesday, reaching $53.61. The company had a trading volume of 2,078,422 shares, compared to its average volume of 3,209,955. The company’s 50-day moving average is $50.33 and its 200-day moving average is $47.95. The company has a market capitalization of $4.71 billion, a P/E ratio of 13.20 and a beta of 0.96. iShares MSCI Taiwan ETF has a twelve month low of $42.13 and a twelve month high of $55.38.

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.