iShares MSCI Taiwan ETF (NYSEARCA:EWT) Sees Large Volume Increase – Here’s What Happened

iShares MSCI Taiwan ETF (NYSEARCA:EWT) shares saw unusually-high trading volume on Tuesday . Approximately 7,895,482 shares were traded during mid-day trading, an increase of 109% from the previous session’s volume of 3,786,240 shares.The stock last traded at $50.81 and had previously closed at $50.27.

iShares MSCI Taiwan ETF Stock Up 1.3 %

The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 13.20 and a beta of 0.96. The company has a 50-day moving average price of $53.48 and a 200 day moving average price of $53.64.

Institutional Investors Weigh In On iShares MSCI Taiwan ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caprock Group LLC grew its stake in shares of iShares MSCI Taiwan ETF by 1.6% in the 3rd quarter. Caprock Group LLC now owns 12,435 shares of the exchange traded fund’s stock valued at $670,000 after buying an additional 197 shares in the last quarter. Sonoma Private Wealth LLC grew its position in iShares MSCI Taiwan ETF by 2.8% in the third quarter. Sonoma Private Wealth LLC now owns 7,155 shares of the exchange traded fund’s stock worth $385,000 after acquiring an additional 198 shares in the last quarter. WestEnd Advisors LLC increased its stake in shares of iShares MSCI Taiwan ETF by 25.4% during the 3rd quarter. WestEnd Advisors LLC now owns 1,147 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 232 shares during the last quarter. Boltwood Capital Management increased its stake in shares of iShares MSCI Taiwan ETF by 4.1% during the 4th quarter. Boltwood Capital Management now owns 7,050 shares of the exchange traded fund’s stock worth $365,000 after purchasing an additional 275 shares during the last quarter. Finally, Fiduciary Financial Group LLC raised its holdings in shares of iShares MSCI Taiwan ETF by 4.4% during the 3rd quarter. Fiduciary Financial Group LLC now owns 7,050 shares of the exchange traded fund’s stock valued at $383,000 after purchasing an additional 297 shares in the last quarter.

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.