Red Cedar Investment Management LLC Grows Stake in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Red Cedar Investment Management LLC grew its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 15.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 556,296 shares of the exchange traded fund’s stock after purchasing an additional 74,577 shares during the quarter. iShares MSCI Japan ETF comprises about 4.7% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its 5th biggest position. Red Cedar Investment Management LLC owned approximately 0.23% of iShares MSCI Japan ETF worth $37,327,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Pictet North America Advisors SA raised its holdings in shares of iShares MSCI Japan ETF by 19.3% during the 4th quarter. Pictet North America Advisors SA now owns 884,361 shares of the exchange traded fund’s stock valued at $59,341,000 after purchasing an additional 142,824 shares in the last quarter. Compagnie Lombard Odier SCmA raised its holdings in shares of iShares MSCI Japan ETF by 102.9% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 52,797 shares of the exchange traded fund’s stock valued at $3,543,000 after purchasing an additional 26,772 shares in the last quarter. Alaska Wealth Advisors raised its holdings in iShares MSCI Japan ETF by 3.4% in the 4th quarter. Alaska Wealth Advisors now owns 104,207 shares of the exchange traded fund’s stock worth $6,992,000 after acquiring an additional 3,382 shares during the period. TFB Advisors LLC raised its holdings in iShares MSCI Japan ETF by 17.1% in the 4th quarter. TFB Advisors LLC now owns 8,896 shares of the exchange traded fund’s stock worth $597,000 after acquiring an additional 1,300 shares during the period. Finally, Leavell Investment Management Inc. raised its holdings in iShares MSCI Japan ETF by 8.0% in the 4th quarter. Leavell Investment Management Inc. now owns 14,675 shares of the exchange traded fund’s stock worth $985,000 after acquiring an additional 1,089 shares during the period.

iShares MSCI Japan ETF Price Performance

Shares of EWJ opened at $69.37 on Friday. The company has a market capitalization of $16.97 billion, a PE ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a one year low of $60.62 and a one year high of $73.24. The company’s fifty day moving average price is $67.72 and its 200 day moving average price is $68.78.

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).