iShares MSCI Japan ETF $EWJ is Element Pointe Advisors LLC’s 10th Largest Position

Element Pointe Advisors LLC lifted its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 9.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 158,946 shares of the exchange traded fund’s stock after buying an additional 14,282 shares during the period. iShares MSCI Japan ETF comprises 2.5% of Element Pointe Advisors LLC’s portfolio, making the stock its 10th largest holding. Element Pointe Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $13,421,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EWJ. First Command Advisory Services Inc. increased its position in shares of iShares MSCI Japan ETF by 0.3% during the fourth quarter. First Command Advisory Services Inc. now owns 4,993,457 shares of the exchange traded fund’s stock valued at $403,172,000 after acquiring an additional 13,894 shares in the last quarter. TD Asset Management Inc lifted its position in iShares MSCI Japan ETF by 0.4% in the 4th quarter. TD Asset Management Inc now owns 2,671,796 shares of the exchange traded fund’s stock valued at $215,721,000 after acquiring an additional 11,881 shares in the last quarter. Royal Bank of Canada lifted its position in iShares MSCI Japan ETF by 254.4% in the 4th quarter. Royal Bank of Canada now owns 2,542,081 shares of the exchange traded fund’s stock valued at $205,247,000 after acquiring an additional 1,824,734 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in iShares MSCI Japan ETF by 511.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock valued at $147,814,000 after purchasing an additional 1,531,363 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in iShares MSCI Japan ETF by 25.8% during the 4th quarter. Bank of Montreal Can now owns 1,798,753 shares of the exchange traded fund’s stock valued at $145,231,000 after purchasing an additional 369,260 shares during the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Down 0.1%

iShares MSCI Japan ETF stock opened at $90.43 on Tuesday. iShares MSCI Japan ETF has a 12 month low of $72.39 and a 12 month high of $97.52. The stock has a fifty day simple moving average of $92.80 and a two-hundred day simple moving average of $89.06. The firm has a market cap of $21.55 billion, a price-to-earnings 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.