IPG Investment Advisors LLC Increases Stock Position in iShares MSCI Japan ETF $EWJ

IPG Investment Advisors LLC raised its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 726.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,386 shares of the exchange traded fund’s stock after buying an additional 50,440 shares during the period. IPG Investment Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $4,633,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EWJ. Hantz Financial Services Inc. purchased a new stake in iShares MSCI Japan ETF during the 3rd quarter valued at $26,000. Game Plan Financial Advisors LLC purchased a new stake in iShares MSCI Japan ETF during the 4th quarter valued at $26,000. JPL Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF during the 3rd quarter valued at $26,000. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Japan ETF during the 4th quarter valued at $29,000. Finally, Blue Trust Inc. purchased a new stake in iShares MSCI Japan ETF during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 0.7%

Shares of EWJ opened at $92.29 on Thursday. The stock has a market capitalization of $21.64 billion, a P/E ratio of 14.63 and a beta of 0.68. The firm has a fifty day simple moving average of $88.06 and a two-hundred day simple moving average of $86.15. iShares MSCI Japan ETF has a twelve month low of $71.09 and a twelve month high of $94.28.

iShares MSCI Japan ETF Profile

iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.