Summit Securities Group LLC Makes New $4.13 Million Investment in iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Summit Securities Group LLC purchased a new position in shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 79,800 shares of the exchange traded fund’s stock, valued at approximately $4,130,000. iShares MSCI Taiwan ETF makes up 0.9% of Summit Securities Group LLC’s holdings, making the stock its 15th largest holding.

A number of other large investors also recently made changes to their positions in EWT. Exchange Traded Concepts LLC grew its position in iShares MSCI Taiwan ETF by 66.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 581 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 232 shares in the last quarter. Finley Financial LLC acquired a new stake in iShares MSCI Taiwan ETF in the fourth quarter worth approximately $90,000. AlphaCentric Advisors LLC lifted its stake in iShares MSCI Taiwan ETF by 8.7% during the fourth quarter. AlphaCentric Advisors LLC now owns 2,516 shares of the exchange traded fund’s stock valued at $130,000 after purchasing an additional 202 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in iShares MSCI Taiwan ETF during the 4th quarter worth about $138,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of iShares MSCI Taiwan ETF by 89.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,262 shares of the exchange traded fund’s stock valued at $169,000 after buying an additional 1,538 shares in the last quarter.

iShares MSCI Taiwan ETF Trading Down 2.8 %

EWT opened at $47.82 on Friday. iShares MSCI Taiwan ETF has a 1 year low of $45.06 and a 1 year high of $57.69. The stock has a fifty day moving average price of $51.46 and a 200 day moving average price of $53.00. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 17.72 and a beta of 0.92.

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.