Envestnet Asset Management Inc. Sells 966,214 Shares of iShares MSCI Japan ETF $EWJ

Envestnet Asset Management Inc. decreased its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 13.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,261,006 shares of the exchange traded fund’s stock after selling 966,214 shares during the quarter. Envestnet Asset Management Inc. owned approximately 3.03% of iShares MSCI Japan ETF worth $469,388,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Japan ETF by 3.2% in the first quarter. JPMorgan Chase & Co. now owns 26,350,410 shares of the exchange traded fund’s stock valued at $1,806,584,000 after buying an additional 815,660 shares in the last quarter. First Command Advisory Services Inc. grew its holdings in iShares MSCI Japan ETF by 0.7% during the 1st quarter. First Command Advisory Services Inc. now owns 6,058,702 shares of the exchange traded fund’s stock worth $415,435,000 after acquiring an additional 41,296 shares during the last quarter. BNP Paribas Financial Markets increased its position in iShares MSCI Japan ETF by 2,106.3% in the 1st quarter. BNP Paribas Financial Markets now owns 2,398,952 shares of the exchange traded fund’s stock valued at $164,472,000 after acquiring an additional 2,290,221 shares in the last quarter. Citigroup Inc. increased its position in iShares MSCI Japan ETF by 61.0% in the 1st quarter. Citigroup Inc. now owns 1,188,746 shares of the exchange traded fund’s stock valued at $81,500,000 after acquiring an additional 450,253 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of iShares MSCI Japan ETF by 94.2% in the first quarter. Hsbc Holdings PLC now owns 1,001,860 shares of the exchange traded fund’s stock worth $68,259,000 after acquiring an additional 485,932 shares during the last quarter. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 0.3%

Shares of EWJ stock opened at $82.50 on Monday. iShares MSCI Japan ETF has a 1 year low of $59.84 and a 1 year high of $83.79. The firm’s 50 day moving average is $80.52 and its 200-day moving average is $75.58. The firm has a market capitalization of $15.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

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).