iShares MSCI Japan ETF $EWJ Shares Sold by Promus Capital LLC

Promus Capital LLC reduced its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 27.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,381 shares of the exchange traded fund’s stock after selling 20,361 shares during the quarter. iShares MSCI Japan ETF makes up about 2.6% of Promus Capital LLC’s portfolio, making the stock its 7th biggest holding. Promus Capital LLC’s holdings in iShares MSCI Japan ETF were worth $4,002,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Twin Focus Capital Partners LLC acquired a new stake in shares of iShares MSCI Japan ETF during the 1st quarter worth $209,000. Keystone Global Partners LLC acquired a new position in shares of iShares MSCI Japan ETF in the first quarter valued at approximately $3,574,000. Absolute Gestao de Investimentos Ltda. acquired a new position in shares of iShares MSCI Japan ETF during the first quarter worth $1,714,000. Hsbc Holdings PLC increased its stake in shares of iShares MSCI Japan ETF by 94.2% in the first quarter. Hsbc Holdings PLC now owns 1,001,860 shares of the exchange traded fund’s stock valued at $68,259,000 after buying an additional 485,932 shares during the period. Finally, Nan Shan Life Insurance Co. Ltd. raised its holdings in iShares MSCI Japan ETF by 37.3% during the 1st quarter. Nan Shan Life Insurance Co. Ltd. now owns 173,000 shares of the exchange traded fund’s stock worth $11,861,000 after purchasing an additional 47,000 shares during the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Down 0.3%

Shares of iShares MSCI Japan ETF stock opened at $84.00 on Friday. The company has a market cap of $15.65 billion, a P/E ratio of 14.63 and a beta of 0.68. The business has a 50-day moving average price of $82.54 and a two-hundred day moving average price of $78.59. iShares MSCI Japan ETF has a 1-year low of $59.84 and a 1-year high of $84.54.

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).