Zurich Insurance Group Ltd FI Has $3.36 Million Stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Zurich Insurance Group Ltd FI reduced its stake in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 19.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,690 shares of the exchange traded fund’s stock after selling 16,430 shares during the quarter. Zurich Insurance Group Ltd FI owned 0.08% of iShares MSCI Taiwan ETF worth $3,364,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EWT. Advisors Preferred LLC acquired a new position in iShares MSCI Taiwan ETF in the fourth quarter worth $42,000. Tower Research Capital LLC TRC increased its position in iShares MSCI Taiwan ETF by 39.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,211 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 344 shares in the last quarter. ClariVest Asset Management LLC raised its stake in shares of iShares MSCI Taiwan ETF by 29.9% in the first quarter. ClariVest Asset Management LLC now owns 2,562 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 589 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of iShares MSCI Taiwan ETF in the first quarter worth about $218,000. Finally, Connectus Wealth LLC acquired a new position in shares of iShares MSCI Taiwan ETF during the fourth quarter worth approximately $221,000.

iShares MSCI Taiwan ETF Trading Down 0.6 %

Shares of iShares MSCI Taiwan ETF stock traded down $0.31 during midday trading on Tuesday, reaching $51.12. The company had a trading volume of 3,559,399 shares, compared to its average volume of 3,380,422. The stock has a fifty day simple moving average of $53.28 and a 200 day simple moving average of $49.36. iShares MSCI Taiwan ETF has a 1-year low of $42.13 and a 1-year high of $57.69. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 13.20 and a beta of 0.96.

About iShares MSCI Taiwan ETF

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.