Metis Global Partners LLC acquired a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 254,067 shares of the exchange traded fund’s stock, valued at approximately $20,513,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new position in iShares MSCI Japan ETF in the third quarter valued at $26,000. Game Plan Financial Advisors LLC purchased a new position in iShares MSCI Japan ETF in the fourth quarter valued at $26,000. JPL Wealth Management LLC purchased a new position in iShares MSCI Japan ETF in the third quarter valued at $26,000. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Japan ETF in the fourth quarter valued at $29,000. Finally, Blue Trust Inc. purchased a new position in iShares MSCI Japan ETF in the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.
iShares MSCI Japan ETF Stock Performance
EWJ opened at $89.29 on Thursday. iShares MSCI Japan ETF has a fifty-two week low of $71.09 and a fifty-two week high of $94.28. The company has a fifty day moving average of $89.89 and a two-hundred day moving average of $86.83. The stock has a market capitalization of $20.93 billion, a price-to-earnings 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.
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