Mutual Advisors LLC Takes $685,000 Position in iShares MSCI Japan ETF $EWJ

Mutual Advisors LLC bought a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,478 shares of the exchange traded fund’s stock, valued at approximately $685,000.

Several other hedge funds have also recently added to or reduced their stakes in EWJ. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Japan ETF by 2.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 26,102,320 shares of the exchange traded fund’s stock worth $2,093,667,000 after buying an additional 662,373 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares MSCI Japan ETF by 44.9% in the second quarter. Ameriprise Financial Inc. now owns 1,261,058 shares of the exchange traded fund’s stock valued at $94,540,000 after acquiring an additional 390,526 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in iShares MSCI Japan ETF by 14.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,181,886 shares of the exchange traded fund’s stock valued at $94,799,000 after acquiring an additional 144,700 shares during the period. National Bank of Canada FI acquired a new position in iShares MSCI Japan ETF during the third quarter worth $50,155,000. Finally, Alliancebernstein L.P. raised its stake in iShares MSCI Japan ETF by 0.6% during the third quarter. Alliancebernstein L.P. now owns 549,906 shares of the exchange traded fund’s stock worth $44,108,000 after acquiring an additional 3,183 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of NYSEARCA:EWJ opened at $89.26 on Wednesday. The company’s fifty day moving average is $86.84 and its 200-day moving average is $85.15. iShares MSCI Japan ETF has a 52 week low of $71.09 and a 52 week high of $94.28. The company has a market capitalization of $20.93 billion, a PE ratio of 14.63 and a beta of 0.68.

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.