iShares MSCI Japan ETF $EWJ Shares Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. raised its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 97.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 20,285 shares of the exchange traded fund’s stock after buying an additional 10,023 shares during the quarter. iA Global Asset Management Inc.’s holdings in iShares MSCI Japan ETF were worth $1,713,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EWJ. Royal Bank of Canada increased its holdings in shares of 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 worth $205,247,000 after acquiring an additional 1,824,734 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of iShares MSCI Japan ETF by 511.5% in the fourth 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 period. Quadrature Capital Ltd increased its stake in shares of iShares MSCI Japan ETF by 1,593.2% in the fourth quarter. Quadrature Capital Ltd now owns 992,110 shares of the exchange traded fund’s stock valued at $80,103,000 after purchasing an additional 933,517 shares during the period. National Bank of Canada FI bought a new stake in shares of iShares MSCI Japan ETF during the third quarter valued at approximately $50,155,000. Finally, Keewaydin Investments LLC bought a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at approximately $43,606,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

Shares of EWJ stock opened at $93.14 on Friday. iShares MSCI Japan ETF has a 12-month low of $71.51 and a 12-month high of $97.52. The firm has a market capitalization of $22.23 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The business has a 50 day simple moving average of $91.89 and a 200 day simple moving average of $88.05.

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.