Sequoia Financial Advisors LLC Takes Position in iShares MSCI Japan ETF $EWJ

Sequoia Financial Advisors LLC bought a new position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,771 shares of the exchange traded fund’s stock, valued at approximately $789,000.

Several other institutional investors and hedge funds have also made changes to their positions in EWJ. Hantz Financial Services Inc. purchased a new stake in iShares MSCI Japan ETF during the 3rd quarter worth $26,000. Game Plan Financial Advisors LLC purchased a new position in iShares MSCI Japan ETF in the 4th quarter valued at about $26,000. JPL Wealth Management LLC purchased a new position in iShares MSCI Japan ETF in the 3rd quarter valued at about $26,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $29,000. Finally, Blue Trust Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $30,000. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Performance

Shares of NYSEARCA EWJ opened at $92.06 on Friday. iShares MSCI Japan ETF has a 1 year low of $71.09 and a 1 year high of $94.28. The stock’s 50-day simple moving average is $86.99 and its 200-day simple moving average is $85.63. The firm has a market cap of $21.58 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

About iShares MSCI Japan ETF

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.