Sequoia Financial Advisors LLC Purchases New Stake in iShares MSCI Japan ETF $EWJ

Sequoia Financial Advisors LLC acquired a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,771 shares of the exchange traded fund’s stock, valued at approximately $789,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Focus Partners Wealth lifted its position in shares of iShares MSCI Japan ETF by 39.0% during the first quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 2,869 shares during the last quarter. Marshall Wace LLP raised its stake in iShares MSCI Japan ETF by 229.1% during the second quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock valued at $2,886,000 after buying an additional 26,800 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in iShares MSCI Japan ETF by 33,504.6% during the second quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock valued at $29,199,000 after buying an additional 388,318 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in iShares MSCI Japan ETF by 6.1% during the 2nd quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock worth $40,988,000 after buying an additional 31,344 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in iShares MSCI Japan ETF by 46.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock worth $21,318,000 after buying an additional 89,999 shares during the last quarter. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Trading Down 1.1%

Shares of EWJ opened at $92.06 on Friday. iShares MSCI Japan ETF has a 52 week low of $71.09 and a 52 week high of $94.28. The firm has a market cap of $21.58 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The stock has a 50 day moving average of $86.99 and a 200-day moving average of $85.63.

iShares MSCI Japan ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI Japan ETF (NYSEARCA:EWJ)

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