iShares MSCI Japan ETF $EWJ Shares Bought by Royal Bank of Canada

Royal Bank of Canada grew its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 98.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,048,553 shares of the exchange traded fund’s stock after buying an additional 2,506,472 shares during the quarter. Royal Bank of Canada owned 2.15% of iShares MSCI Japan ETF worth $426,300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Focus Partners Wealth increased its holdings in iShares MSCI Japan ETF by 39.0% during the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock valued at $701,000 after acquiring an additional 2,869 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of iShares MSCI Japan ETF by 229.1% in the second quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock valued at $2,886,000 after purchasing an additional 26,800 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of iShares MSCI Japan ETF by 33,504.6% in the second quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock valued at $29,199,000 after purchasing an additional 388,318 shares during the last quarter. Alliancebernstein L.P. grew its position in shares of iShares MSCI Japan ETF by 6.1% in the second quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock valued at $40,988,000 after purchasing an additional 31,344 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of iShares MSCI Japan ETF by 46.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock worth $21,318,000 after purchasing an additional 89,999 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $89.83 on Wednesday. The stock’s 50 day moving average price is $92.78 and its 200 day moving average price is $89.46. The firm has a market cap of $21.29 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 1 year low of $73.34 and a 1 year high of $97.52.

iShares MSCI Japan ETF Company 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.