iShares MSCI Japan ETF $EWJ Stock Sold by Strategy Asset Managers LLC

Strategy Asset Managers LLC trimmed its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 64.0% in the third quarter, HoldingsChannel reports. The firm owned 21,297 shares of the exchange traded fund’s stock after selling 37,926 shares during the period. Strategy Asset Managers LLC’s holdings in iShares MSCI Japan ETF were worth $2,076,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of EWJ. Envestnet Asset Management Inc. raised its position in shares of iShares MSCI Japan ETF by 2.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,990,384 shares of the exchange traded fund’s stock worth $558,723,000 after purchasing an additional 128,092 shares during the last quarter. Royal Bank of Canada grew its holdings in iShares MSCI Japan ETF by 98.6% during the 1st quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock valued at $426,300,000 after buying an additional 2,506,472 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in iShares MSCI Japan ETF by 11.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock valued at $171,803,000 after buying an additional 203,875 shares during the last quarter. Bessemer Group Inc. grew its holdings in iShares MSCI Japan ETF by 2,279.0% during the 1st quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock valued at $141,051,000 after buying an additional 1,600,219 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its position in iShares MSCI Japan ETF by 2.3% during the first quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock worth $120,631,000 after buying an additional 31,547 shares in the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

iShares MSCI Japan ETF stock opened at $95.84 on Thursday. The stock has a fifty day moving average of $96.99 and a two-hundred day moving average of $93.17. The company has a market capitalization of $23.32 billion, a price-to-earnings ratio of 14.63 and a beta of 0.71. iShares MSCI Japan ETF has a fifty-two week low of $79.47 and a fifty-two week high of $99.98.

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.