Granite Bay Wealth Management LLC Has $16.56 Million Position in iShares MSCI Japan ETF $EWJ

Granite Bay Wealth Management LLC lifted its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 5.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 206,444 shares of the exchange traded fund’s stock after purchasing an additional 10,846 shares during the period. iShares MSCI Japan ETF accounts for 4.3% of Granite Bay Wealth Management LLC’s holdings, making the stock its 6th biggest position. Granite Bay Wealth Management LLC owned about 0.11% of iShares MSCI Japan ETF worth $16,559,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI Japan ETF by 43.3% in the 1st quarter. Ameriprise Financial Inc. now owns 870,532 shares of the exchange traded fund’s stock valued at $59,658,000 after purchasing an additional 263,005 shares during the period. Kestra Advisory Services LLC increased its position in iShares MSCI Japan ETF by 824.1% during the first quarter. Kestra Advisory Services LLC now owns 68,069 shares of the exchange traded fund’s stock worth $4,667,000 after buying an additional 60,703 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in iShares MSCI Japan ETF during the first quarter worth approximately $286,000. Wealth Preservation Advisors LLC bought a new stake in iShares MSCI Japan ETF in the first quarter valued at approximately $33,000. Finally, BNP Paribas Financial Markets raised its stake in iShares MSCI Japan ETF by 2,106.3% in the first quarter. BNP Paribas Financial Markets now owns 2,398,952 shares of the exchange traded fund’s stock valued at $164,472,000 after buying an additional 2,290,221 shares during the period. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Trading Down 0.2%

EWJ opened at $81.00 on Thursday. The stock’s fifty day simple moving average is $82.56 and its 200 day simple moving average is $78.98. iShares MSCI Japan ETF has a 1-year low of $59.84 and a 1-year high of $85.31. The stock has a market cap of $15.09 billion, a PE 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). 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.