Meridian Investment Counsel Inc. Trims Stock Position in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Meridian Investment Counsel Inc. trimmed its stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 3.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 20,736 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in iShares MSCI Taiwan ETF were worth $1,117,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in iShares MSCI Taiwan ETF by 885.4% in the third quarter. Farther Finance Advisors LLC now owns 946 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 850 shares during the period. WestEnd Advisors LLC boosted its position in shares of iShares MSCI Taiwan ETF by 25.4% during the third quarter. WestEnd Advisors LLC now owns 1,147 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 232 shares in the last quarter. Friedenthal Financial purchased a new stake in iShares MSCI Taiwan ETF in the second quarter worth $124,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in iShares MSCI Taiwan ETF by 10.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,820 shares of the exchange traded fund’s stock worth $315,000 after purchasing an additional 540 shares in the last quarter. Finally, Fiduciary Financial Group LLC purchased a new position in iShares MSCI Taiwan ETF during the second quarter valued at $382,000.

iShares MSCI Taiwan ETF Trading Down 0.4 %

Shares of EWT stock opened at $53.32 on Friday. The company’s fifty day moving average price is $54.35 and its 200-day moving average price is $53.02. The stock has a market cap of $4.69 billion, a PE ratio of 13.20 and a beta of 0.96. iShares MSCI Taiwan ETF has a 12 month low of $42.13 and a 12 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.