Pictet North America Advisors SA Has $6.28 Million Stake in iShares MSCI Japan ETF $EWJ

Pictet North America Advisors SA grew its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 33.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 77,765 shares of the exchange traded fund’s stock after buying an additional 19,610 shares during the quarter. Pictet North America Advisors SA’s holdings in iShares MSCI Japan ETF were worth $6,279,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Game Plan Financial Advisors LLC bought a new stake in iShares MSCI Japan ETF during the 4th quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF during the 3rd quarter valued at $26,000. Hantz Financial Services Inc. bought a new position in iShares MSCI Japan ETF in the 3rd quarter valued at $26,000. Fortitude Family Office LLC bought a new position in iShares MSCI Japan ETF in the 4th quarter valued at $34,000. Finally, MMA Asset Management LLC acquired a new position in iShares MSCI Japan ETF in the third quarter worth $36,000. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ stock opened at $86.48 on Thursday. The stock’s fifty day moving average is $87.34 and its 200-day moving average is $84.05. The stock has a market capitalization of $16.88 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 52 week low of $59.84 and a 52 week high of $94.28.

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.