North Star Investment Management Corp. Lowers Holdings in iShares MSCI Japan ETF $EWJ

North Star Investment Management Corp. reduced its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 75.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 6,807 shares of the exchange traded fund’s stock after selling 20,563 shares during the period. North Star Investment Management Corp.’s holdings in iShares MSCI Japan ETF were worth $575,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of EWJ. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in iShares MSCI Japan ETF during the fourth quarter valued at approximately $25,000. Game Plan Financial Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF in the fourth quarter valued at $26,000. JPL Wealth Management LLC bought a new stake in iShares MSCI Japan ETF in the third quarter worth $26,000. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Japan ETF during the fourth quarter valued at $29,000. Finally, Blue Trust Inc. bought a new position in iShares MSCI Japan ETF during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Up 0.1%

Shares of NYSEARCA:EWJ opened at $93.27 on Wednesday. The firm has a fifty day simple moving average of $91.70 and a two-hundred day simple moving average of $87.93. iShares MSCI Japan ETF has a 52 week low of $71.51 and a 52 week high of $97.52. The stock has a market capitalization of $21.87 billion, a P/E ratio of 14.63 and a beta of 0.68.

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.