Penobscot Wealth Management Acquires 3,441 Shares of iShares MSCI Japan ETF $EWJ

Penobscot Wealth Management increased its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 12.5% during the second quarter, Holdings Channel.com reports. The fund owned 30,951 shares of the exchange traded fund’s stock after purchasing an additional 3,441 shares during the quarter. iShares MSCI Japan ETF accounts for about 0.8% of Penobscot Wealth Management’s holdings, making the stock its 24th biggest position. Penobscot Wealth Management’s holdings in iShares MSCI Japan ETF were worth $2,320,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Larson Financial Group LLC increased its position in iShares MSCI Japan ETF by 195.2% during the first quarter. Larson Financial Group LLC now owns 372 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 246 shares during the period. LRI Investments LLC acquired a new stake in iShares MSCI Japan ETF during the second quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in iShares MSCI Japan ETF during the second quarter worth about $30,000. Wealth Preservation Advisors LLC acquired a new stake in iShares MSCI Japan ETF during the first quarter worth about $33,000. Finally, Morgan Dempsey Capital Management LLC acquired a new stake in iShares MSCI Japan ETF during the second quarter worth about $36,000. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Stock Up 0.3%

Shares of iShares MSCI Japan ETF stock opened at $82.50 on Monday. The company has a market capitalization of $15.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $83.79. The firm’s 50-day moving average price is $80.52 and its two-hundred day moving average price is $75.58.

iShares MSCI Japan ETF Company 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).