iShares MSCI Japan ETF $EWJ Stock Position Lessened by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 34.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,242 shares of the exchange traded fund’s stock after selling 7,035 shares during the period. Lazard Asset Management LLC’s holdings in iShares MSCI Japan ETF were worth $1,118,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of EWJ. First Command Advisory Services Inc. grew its position in iShares MSCI Japan ETF by 0.3% in the 4th quarter. First Command Advisory Services Inc. now owns 4,993,457 shares of the exchange traded fund’s stock valued at $403,172,000 after buying an additional 13,894 shares in the last quarter. TD Asset Management Inc raised its position in shares of iShares MSCI Japan ETF by 0.4% during the 4th quarter. TD Asset Management Inc now owns 2,671,796 shares of the exchange traded fund’s stock worth $215,721,000 after buying an additional 11,881 shares in the last quarter. Royal Bank of Canada raised its position in shares of iShares MSCI Japan ETF by 254.4% during the 4th quarter. Royal Bank of Canada now owns 2,542,081 shares of the exchange traded fund’s stock worth $205,247,000 after buying an additional 1,824,734 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares MSCI Japan ETF by 511.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock worth $147,814,000 after acquiring an additional 1,531,363 shares during the period. Finally, Bank of Montreal Can lifted its stake in shares of iShares MSCI Japan ETF by 25.8% in the 4th quarter. Bank of Montreal Can now owns 1,798,753 shares of the exchange traded fund’s stock worth $145,231,000 after acquiring an additional 369,260 shares during the period. 64.60% of the stock is currently owned by institutional investors.

iShares MSCI Japan ETF Price Performance

iShares MSCI Japan ETF stock opened at $94.61 on Wednesday. The firm has a 50 day simple moving average of $92.86 and a 200-day simple moving average of $89.74. The stock has a market capitalization of $22.41 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12-month low of $74.79 and a 12-month high of $97.52.

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.