iShares MSCI Japan ETF $EWJ Shares Sold by Innova Wealth Partners

Innova Wealth Partners cut its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 77.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,360 shares of the exchange traded fund’s stock after selling 11,251 shares during the period. Innova Wealth Partners’ holdings in iShares MSCI Japan ETF were worth $327,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in iShares MSCI Japan ETF by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,990,384 shares of the exchange traded fund’s stock worth $558,723,000 after acquiring an additional 128,092 shares during the period. Royal Bank of Canada grew its stake in iShares MSCI Japan ETF by 98.6% in 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 purchasing an additional 2,506,472 shares during the period. The Manufacturers Life Insurance Company grew its stake in iShares MSCI Japan ETF by 11.1% in 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 purchasing an additional 203,875 shares during the period. Bessemer Group Inc. grew its stake in iShares MSCI Japan ETF by 2,279.0% in 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 purchasing an additional 1,600,219 shares during the period. Finally, Glenmede Trust Co. NA grew its stake in iShares MSCI Japan ETF by 2.3% in the 1st quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock valued at $120,631,000 after purchasing an additional 31,547 shares during the period. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

Shares of iShares MSCI Japan ETF stock opened at $95.43 on Wednesday. iShares MSCI Japan ETF has a 1 year low of $79.47 and a 1 year high of $99.98. The firm has a market cap of $23.42 billion, a PE ratio of 14.63 and a beta of 0.71. The stock has a fifty day moving average price of $96.92 and a 200-day moving average price of $93.50.

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.