20,000 Shares in iShares MSCI Japan ETF $EWJ Bought by Hollencrest Capital Management

Hollencrest Capital Management purchased a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 20,000 shares of the exchange traded fund’s stock, valued at approximately $1,689,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWJ. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $25,000. Game Plan Financial Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF in the 4th quarter valued at approximately $26,000. JPL Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the 3rd quarter worth approximately $26,000. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Japan ETF in the 4th quarter worth approximately $29,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF during the 1st quarter worth approximately $29,000. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Performance

Shares of iShares MSCI Japan ETF stock opened at $90.49 on Monday. iShares MSCI Japan ETF has a 12-month low of $71.71 and a 12-month high of $97.52. The firm has a market capitalization of $21.57 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The firm’s 50 day simple moving average is $92.83 and its two-hundred day simple moving average is $88.99.

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.