3EDGE Asset Management LP lessened its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ – Free Report) by 49.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,772 shares of the exchange traded fund’s stock after selling 6,535 shares during the period. 3EDGE Asset Management LP’s holdings in iShares MSCI Japan ETF were worth $547,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of EWJ. Game Plan Financial Advisors LLC purchased a new stake in iShares MSCI Japan ETF in the fourth quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new position in iShares MSCI Japan ETF in the third quarter worth $26,000. Hantz Financial Services Inc. bought a new position in iShares MSCI Japan ETF in the third quarter valued at $26,000. Geneos Wealth Management Inc. bought a new position in iShares MSCI Japan ETF in the fourth quarter valued at $29,000. Finally, Blue Trust Inc. purchased a new stake in iShares MSCI Japan ETF during the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.
iShares MSCI Japan ETF Stock Down 0.7%
Shares of EWJ stock opened at $90.29 on Wednesday. The business has a 50-day moving average price of $87.25 and a two-hundred day moving average price of $85.78. iShares MSCI Japan ETF has a 12-month low of $71.09 and a 12-month high of $94.28. The firm has a market cap of $21.17 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.
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Want to see what other hedge funds are holding EWJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Japan ETF (NYSEARCA:EWJ – Free Report).
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