Meridian Management Co. Buys New Shares in iShares MSCI Japan ETF $EWJ

Meridian Management Co. bought a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 57,100 shares of the exchange traded fund’s stock, valued at approximately $4,580,000. iShares MSCI Japan ETF accounts for about 1.2% of Meridian Management Co.’s holdings, making the stock its 26th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. bought a new stake in shares of iShares MSCI Japan ETF in the third quarter worth about $1,096,000. RoundAngle Advisors LLC boosted its stake in iShares MSCI Japan ETF by 1.3% during the second quarter. RoundAngle Advisors LLC now owns 25,737 shares of the exchange traded fund’s stock valued at $1,930,000 after buying an additional 335 shares during the last quarter. Bfsg LLC purchased a new position in iShares MSCI Japan ETF during the 3rd quarter valued at approximately $5,704,000. Global Retirement Partners LLC bought a new stake in iShares MSCI Japan ETF in the 2nd quarter worth approximately $516,000. Finally, Genesee Capital Advisors LLC increased its stake in iShares MSCI Japan ETF by 5.6% in the 2nd quarter. Genesee Capital Advisors LLC now owns 14,150 shares of the exchange traded fund’s stock worth $1,061,000 after acquiring an additional 753 shares during the last quarter. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ opened at $86.09 on Friday. The stock has a market capitalization of $16.89 billion, a PE ratio of 14.63 and a beta of 0.68. The company’s fifty day moving average is $83.02 and its 200 day moving average is $80.78. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week high of $86.31.

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.