iShares MSCI Japan ETF $EWJ Shares Sold by Forte Asset Management LLC

Forte Asset Management LLC lowered its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 91.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,854 shares of the exchange traded fund’s stock after selling 30,135 shares during the period. Forte Asset Management LLC’s holdings in iShares MSCI Japan ETF were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWJ. BNP Paribas Financial Markets grew its stake in shares of iShares MSCI Japan ETF by 2,106.3% during the first quarter. BNP Paribas Financial Markets now owns 2,398,952 shares of the exchange traded fund’s stock worth $164,472,000 after purchasing an additional 2,290,221 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Japan ETF by 3.2% during the first quarter. JPMorgan Chase & Co. now owns 26,350,410 shares of the exchange traded fund’s stock worth $1,806,584,000 after purchasing an additional 815,660 shares in the last quarter. Victory Capital Management Inc. acquired a new position in shares of iShares MSCI Japan ETF during the first quarter worth $35,121,000. Strs Ohio acquired a new position in shares of iShares MSCI Japan ETF during the first quarter worth $35,041,000. Finally, Hsbc Holdings PLC grew its stake in shares of iShares MSCI Japan ETF by 94.2% during the first quarter. Hsbc Holdings PLC now owns 1,001,860 shares of the exchange traded fund’s stock worth $68,259,000 after purchasing an additional 485,932 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 0.3%

Shares of EWJ stock opened at $82.50 on Friday. iShares MSCI Japan ETF has a 12 month low of $59.84 and a 12 month high of $83.79. The company has a market cap of $15.27 billion, a P/E ratio of 14.63 and a beta of 0.68. The firm has a fifty day moving average price of $80.52 and a 200 day moving average price of $75.51.

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).