Verger Capital Management LLC Cuts Holdings in iShares MSCI Japan ETF $EWJ

Verger Capital Management LLC lowered its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 48.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,708 shares of the exchange traded fund’s stock after selling 30,365 shares during the quarter. iShares MSCI Japan ETF comprises approximately 0.9% of Verger Capital Management LLC’s investment portfolio, making the stock its 10th largest holding. Verger Capital Management LLC’s holdings in iShares MSCI Japan ETF were worth $2,624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. RoundAngle Advisors LLC lifted its stake in iShares MSCI Japan ETF by 1.3% in the second quarter. RoundAngle Advisors LLC now owns 25,737 shares of the exchange traded fund’s stock valued at $1,930,000 after purchasing an additional 335 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of iShares MSCI Japan ETF in the second quarter valued at $516,000. Paragon Capital Management Ltd raised its stake in shares of iShares MSCI Japan ETF by 11.2% in the second quarter. Paragon Capital Management Ltd now owns 32,698 shares of the exchange traded fund’s stock valued at $2,451,000 after buying an additional 3,305 shares during the period. Genesee Capital Advisors LLC lifted its position in shares of iShares MSCI Japan ETF by 5.6% during the 2nd quarter. Genesee Capital Advisors LLC now owns 14,150 shares of the exchange traded fund’s stock valued at $1,061,000 after buying an additional 753 shares during the last quarter. Finally, ABC Arbitrage SA grew its stake in shares of iShares MSCI Japan ETF by 12.5% during the 2nd quarter. ABC Arbitrage SA now owns 36,066 shares of the exchange traded fund’s stock worth $2,704,000 after acquiring an additional 4,017 shares during the period. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ opened at $83.13 on Tuesday. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week high of $85.31. The business has a 50-day moving average of $82.36 and a 200 day moving average of $79.46. The firm has a market cap of $16.06 billion, a P/E 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.