iShares MSCI Japan ETF $EWJ Stock Position Reduced by Palisades Hudson Asset Management L.P.

Palisades Hudson Asset Management L.P. cut its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 9.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,368 shares of the exchange traded fund’s stock after selling 10,861 shares during the period. iShares MSCI Japan ETF makes up 3.4% of Palisades Hudson Asset Management L.P.’s holdings, making the stock its 9th biggest holding. Palisades Hudson Asset Management L.P. owned 0.05% of iShares MSCI Japan ETF worth $8,669,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of EWJ. Hantz Financial Services Inc. purchased a new position in iShares MSCI Japan ETF during the third quarter worth about $26,000. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the third quarter valued at about $26,000. Game Plan Financial Advisors LLC acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $26,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $29,000. Finally, Blue Trust Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $30,000. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

Shares of EWJ opened at $86.81 on Thursday. iShares MSCI Japan ETF has a 1-year low of $70.57 and a 1-year high of $94.28. The stock has a market cap of $20.29 billion, a PE ratio of 14.63 and a beta of 0.67. The firm has a 50-day simple moving average of $86.93 and a two-hundred day simple moving average of $84.99.

iShares MSCI Japan ETF Profile

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.