iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Sold by Phoenix Financial Ltd.

Phoenix Financial Ltd. decreased its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 73.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,022 shares of the exchange traded fund’s stock after selling 122,123 shares during the quarter. Phoenix Financial Ltd.’s holdings in iShares MSCI Japan ETF were worth $2,954,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EWJ. Exchange Traded Concepts LLC increased its position in shares of iShares MSCI Japan ETF by 66.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 178 shares during the period. EverSource Wealth Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF in the fourth quarter valued at about $37,000. Golden State Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter worth about $45,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter worth about $65,000. Finally, City Holding Co. boosted its position in iShares MSCI Japan ETF by 25.0% in the fourth quarter. City Holding Co. now owns 1,000 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 200 shares during the last quarter.

iShares MSCI Japan ETF Trading Down 3.2 %

EWJ opened at $64.22 on Friday. The firm has a 50 day moving average of $68.59 and a two-hundred day moving average of $68.58. The firm has a market capitalization of $12.64 billion, a PE ratio of 13.99 and a beta of 0.65. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $73.24.

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).