iShares MSCI Japan ETF $EWJ Stock Position Reduced by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. decreased its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 23.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,638 shares of the exchange traded fund’s stock after selling 20,069 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in iShares MSCI Japan ETF were worth $5,345,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EWJ. Focus Partners Wealth raised its position in shares of 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. Bank of New York Mellon Corp boosted its holdings in iShares MSCI Japan ETF by 3.3% in the second quarter. Bank of New York Mellon Corp now owns 93,063 shares of the exchange traded fund’s stock worth $6,977,000 after purchasing an additional 2,934 shares during the period. AE Wealth Management LLC increased its stake in iShares MSCI Japan ETF by 16.5% during the second quarter. AE Wealth Management LLC now owns 1,461 shares of the exchange traded fund’s stock valued at $109,000 after purchasing an additional 207 shares during the last quarter. Allworth Financial LP increased its stake in iShares MSCI Japan ETF by 2,486.8% during the second quarter. Allworth Financial LP now owns 15,831 shares of the exchange traded fund’s stock valued at $1,187,000 after purchasing an additional 15,219 shares during the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in shares of iShares MSCI Japan ETF by 33.2% during the second quarter. SBI Securities Co. Ltd. now owns 2,445 shares of the exchange traded fund’s stock worth $183,000 after purchasing an additional 610 shares during the period. 64.60% of the stock is currently owned by institutional investors.

iShares MSCI Japan ETF Stock Down 1.0%

EWJ opened at $83.36 on Friday. The company’s 50-day moving average price is $87.51 and its 200 day moving average price is $83.66. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week high of $94.28. The firm has a market cap of $16.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

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.