Cumberland Advisors Inc. Has $2.23 Million Stock Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Cumberland Advisors Inc. trimmed its holdings in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 2.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,460 shares of the exchange traded fund’s stock after selling 960 shares during the period. iShares MSCI Taiwan ETF makes up about 0.9% of Cumberland Advisors Inc.’s holdings, making the stock its 25th biggest position. Cumberland Advisors Inc.’s holdings in iShares MSCI Taiwan ETF were worth $2,233,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its holdings in shares of iShares MSCI Taiwan ETF by 1,025.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,008,838 shares of the exchange traded fund’s stock valued at $271,429,000 after buying an additional 4,563,810 shares during the last quarter. Sun Life Financial Inc. grew its position in iShares MSCI Taiwan ETF by 21.2% in the second 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 in the last quarter. Meitav Investment House Ltd. increased its stake in shares of iShares MSCI Taiwan ETF by 7.0% during the 1st quarter. Meitav Investment House Ltd. now owns 991,670 shares of the exchange traded fund’s stock worth $48,283,000 after purchasing an additional 65,000 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of iShares MSCI Taiwan ETF by 30.9% during the 4th quarter. Wellington Management Group LLP now owns 917,017 shares of the exchange traded fund’s stock worth $42,210,000 after purchasing an additional 216,715 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of iShares MSCI Taiwan ETF by 17.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 556,714 shares of the exchange traded fund’s stock valued at $27,101,000 after purchasing an additional 84,420 shares in the last quarter.

iShares MSCI Taiwan ETF Stock Performance

Shares of iShares MSCI Taiwan ETF stock traded up $1.68 during midday trading on Thursday, reaching $56.92. 3,419,190 shares of the company’s stock traded hands, compared to its average volume of 3,594,131. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 13.20 and a beta of 0.96. The company’s 50 day simple moving average is $53.39 and its 200 day simple moving average is $51.94. iShares MSCI Taiwan ETF has a 52 week low of $42.13 and a 52 week high of $57.69.

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.