Prudential PLC Decreases Stock Holdings in iShares MSCI Japan ETF $EWJ

Prudential PLC cut its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 27.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,545 shares of the exchange traded fund’s stock after selling 28,130 shares during the period. Prudential PLC’s holdings in iShares MSCI Japan ETF were worth $5,514,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Kestra Private Wealth Services LLC increased its stake in iShares MSCI Japan ETF by 6.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 7,828 shares of the exchange traded fund’s stock valued at $537,000 after purchasing an additional 499 shares in the last quarter. Allianz Asset Management GmbH acquired a new stake in iShares MSCI Japan ETF in the first quarter valued at $4,833,000. Journey Strategic Wealth LLC purchased a new position in shares of iShares MSCI Japan ETF in the first quarter valued at $206,000. Brookwood Investment Group LLC purchased a new position in shares of iShares MSCI Japan ETF in the first quarter valued at $210,000. Finally, Cetera Investment Advisers raised its stake in shares of iShares MSCI Japan ETF by 23.3% during the 1st quarter. Cetera Investment Advisers now owns 108,121 shares of the exchange traded fund’s stock worth $7,413,000 after buying an additional 20,399 shares during the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Up 2.1%

iShares MSCI Japan ETF stock opened at $81.19 on Friday. The firm has a market capitalization of $15.13 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 $84.54. The firm’s 50-day simple moving average is $81.87 and its 200 day simple moving average is $77.44.

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).