Hsbc Holdings PLC Has $39.32 Million Stock Position in iShares MSCI Japan ETF $EWJ

Hsbc Holdings PLC lifted its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 8.9% during the first quarter, Holdings Channel.com reports. The firm owned 468,681 shares of the exchange traded fund’s stock after acquiring an additional 38,163 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Japan ETF were worth $39,320,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EWJ. South Shore Capital Advisors bought a new stake in shares of iShares MSCI Japan ETF during the 4th quarter valued at about $1,067,000. Mutual Advisors LLC purchased a new stake in shares of iShares MSCI Japan ETF during the 4th quarter valued at about $685,000. Ascent Group LLC bought a new position in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $2,515,000. Walkner Condon Financial Advisors LLC raised its position in iShares MSCI Japan ETF by 31.6% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 97,481 shares of the exchange traded fund’s stock worth $7,871,000 after acquiring an additional 23,434 shares during the period. Finally, Purpose Unlimited Inc. purchased a new position in iShares MSCI Japan ETF during the fourth quarter valued at $9,717,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Price Performance

NYSEARCA:EWJ opened at $90.43 on Tuesday. The company 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 has a 1 year low of $72.39 and a 1 year high of $97.52. The stock’s 50 day simple moving average is $92.80 and its two-hundred day simple moving average is $89.06.

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.