Foundations Investment Advisors LLC Purchases New Position in iShares MSCI Japan ETF $EWJ

Foundations Investment Advisors LLC purchased a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 106,569 shares of the exchange traded fund’s stock, valued at approximately $8,604,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. boosted its holdings in iShares MSCI Japan ETF by 1.6% in the fourth quarter. FPC Investment Advisory Inc. now owns 67,592 shares of the exchange traded fund’s stock valued at $5,457,000 after purchasing an additional 1,052 shares in the last quarter. IPG Investment Advisors LLC boosted its holdings in iShares MSCI Japan ETF by 726.2% in the fourth quarter. IPG Investment Advisors LLC now owns 57,386 shares of the exchange traded fund’s stock valued at $4,633,000 after purchasing an additional 50,440 shares in the last quarter. Stephens Greth Foundation acquired a new position in iShares MSCI Japan ETF in the fourth quarter valued at approximately $4,855,000. Steel Grove Capital Advisors LLC boosted its holdings in iShares MSCI Japan ETF by 4.1% in the fourth quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 120 shares in the last quarter. Finally, Roundview Capital LLC boosted its holdings in shares of iShares MSCI Japan ETF by 4.2% in the fourth quarter. Roundview Capital LLC now owns 32,193 shares of the exchange traded fund’s stock valued at $2,599,000 after acquiring an additional 1,300 shares during the period. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Trading Up 0.4%

EWJ stock opened at $92.70 on Friday. The company has a market capitalization of $21.73 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a twelve month low of $71.09 and a twelve month high of $94.28. The business has a 50 day simple moving average of $88.22 and a 200-day simple moving average of $86.21.

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). 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.