Allianz Asset Management GmbH Increases Position in iShares MSCI Japan ETF $EWJ

Allianz Asset Management GmbH lifted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 205.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 215,000 shares of the exchange traded fund’s stock after purchasing an additional 144,500 shares during the period. Allianz Asset Management GmbH owned about 0.10% of iShares MSCI Japan ETF worth $16,119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Japan ETF by 3.2% during the 1st quarter. JPMorgan Chase & Co. now owns 26,350,410 shares of the exchange traded fund’s stock worth $1,806,584,000 after buying an additional 815,660 shares during the last quarter. First Command Advisory Services Inc. raised its position in shares of iShares MSCI Japan ETF by 0.7% during the 1st quarter. First Command Advisory Services Inc. now owns 6,058,702 shares of the exchange traded fund’s stock worth $415,435,000 after acquiring an additional 41,296 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in iShares MSCI Japan ETF by 2,106.3% during the first quarter. BNP Paribas Financial Markets now owns 2,398,952 shares of the exchange traded fund’s stock worth $164,472,000 after purchasing an additional 2,290,221 shares during the last quarter. Citigroup Inc. lifted its stake in iShares MSCI Japan ETF by 61.0% during the first quarter. Citigroup Inc. now owns 1,188,746 shares of the exchange traded fund’s stock worth $81,500,000 after purchasing an additional 450,253 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in iShares MSCI Japan ETF by 94.2% in the first quarter. Hsbc Holdings PLC now owns 1,001,860 shares of the exchange traded fund’s stock valued at $68,259,000 after purchasing an additional 485,932 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Up 1.9%

Shares of iShares MSCI Japan ETF stock opened at $83.54 on Tuesday. iShares MSCI Japan ETF has a 52 week low of $59.84 and a 52 week high of $83.79. The firm’s 50 day moving average is $80.27 and its two-hundred day moving average is $75.03. The firm has a market capitalization of $15.46 billion, a P/E 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).