Independence Wealth Advisors LLC Sells 7,665 Shares of iShares MSCI Japan ETF $EWJ

Independence Wealth Advisors LLC cut its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 38.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 12,391 shares of the exchange traded fund’s stock after selling 7,665 shares during the quarter. Independence Wealth Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $1,046,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vinland Capital Management Gestora de Recursos LTDA. acquired a new stake in shares of iShares MSCI Japan ETF in the fourth quarter valued at about $25,000. Game Plan Financial Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF in the fourth quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new position in shares of iShares MSCI Japan ETF in the third quarter worth approximately $26,000. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Japan ETF in the fourth quarter valued at approximately $29,000. Finally, Blue Trust Inc. bought a new stake in iShares MSCI Japan ETF in the fourth quarter valued at approximately $30,000. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

NYSEARCA:EWJ opened at $92.61 on Thursday. The company has a market capitalization of $21.71 billion, a PE ratio of 14.63 and a beta of 0.68. The company has a 50 day simple moving average of $91.41 and a two-hundred day simple moving average of $87.66. iShares MSCI Japan ETF has a fifty-two week low of $71.51 and a fifty-two week high of $97.52.

About iShares MSCI Japan ETF

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.