Franklin Resources Inc. Acquires 450,481 Shares of iShares MSCI Taiwan ETF (NYSEARCA:EWT)

Franklin Resources Inc. increased its stake in iShares MSCI Taiwan ETF (NYSEARCA:EWT) by 341.6% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 582,368 shares of the exchange traded fund’s stock after buying an additional 450,481 shares during the quarter. Franklin Resources Inc.’s holdings in iShares MSCI Taiwan ETF were worth $30,143,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in EWT. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares MSCI Taiwan ETF in the third quarter worth $17,778,000. Wealthfront Advisers LLC bought a new position in shares of iShares MSCI Taiwan ETF during the 4th quarter worth $14,046,000. Arrowstreet Capital Limited Partnership grew its stake in shares of iShares MSCI Taiwan ETF by 21.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,492,767 shares of the exchange traded fund’s stock worth $77,266,000 after acquiring an additional 268,617 shares during the period. Caisse Des Depots ET Consignations bought a new stake in iShares MSCI Taiwan ETF in the 4th quarter valued at about $11,706,000. Finally, Principal Financial Group Inc. raised its stake in iShares MSCI Taiwan ETF by 163.7% in the 3rd quarter. Principal Financial Group Inc. now owns 271,168 shares of the exchange traded fund’s stock valued at $14,608,000 after acquiring an additional 168,341 shares during the period.

iShares MSCI Taiwan ETF Stock Down 4.8 %

Shares of NYSEARCA:EWT opened at $43.82 on Friday. The firm has a market capitalization of $4.03 billion, a PE ratio of 16.73 and a beta of 0.92. The company has a 50-day moving average price of $50.83 and a two-hundred day moving average price of $52.80. iShares MSCI Taiwan ETF has a twelve month low of $43.44 and a twelve 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.