6,287 Shares of iShares MSCI Japan ETF $EWJ Purchased by Wavvest Wealth LLC

Wavvest Wealth LLC acquired a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) in the 3rd quarter, HoldingsChannel reports. The firm acquired 6,287 shares of the exchange traded fund’s stock, valued at approximately $613,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI Japan ETF by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,990,384 shares of the exchange traded fund’s stock valued at $558,723,000 after purchasing an additional 128,092 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of iShares MSCI Japan ETF by 98.6% in the first quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock valued at $426,300,000 after purchasing an additional 2,506,472 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of iShares MSCI Japan ETF by 11.1% during the first quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock worth $171,803,000 after purchasing an additional 203,875 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of iShares MSCI Japan ETF by 2,279.0% during the first quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after purchasing an additional 1,600,219 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its stake in shares of iShares MSCI Japan ETF by 2.3% during the first quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock worth $120,631,000 after purchasing an additional 31,547 shares during the last quarter. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

Shares of NYSEARCA EWJ opened at $95.72 on Thursday. The stock has a fifty day moving average price of $96.87 and a 200 day moving average price of $93.57. iShares MSCI Japan ETF has a 1-year low of $79.47 and a 1-year high of $99.98. The company has a market cap of $23.49 billion, a PE ratio of 14.63 and a beta of 0.71.

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.