Tepp RIA LLC Invests $3.32 Million in iShares MSCI Japan ETF $EWJ

Tepp RIA LLC purchased a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 39,287 shares of the exchange traded fund’s stock, valued at approximately $3,317,000. iShares MSCI Japan ETF comprises approximately 2.6% of Tepp RIA LLC’s portfolio, making the stock its 9th biggest holding.

A number of other hedge funds have also recently modified their holdings of the company. Narus Financial Partners LLC increased its position in iShares MSCI Japan ETF by 2.6% during the fourth quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 115 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its holdings in iShares MSCI Japan ETF by 4.1% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 120 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of iShares MSCI Japan ETF by 0.5% in the 4th quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock valued at $2,050,000 after buying an additional 128 shares during the period. DAVENPORT & Co LLC grew its stake in shares of iShares MSCI Japan ETF by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 129 shares during the period. Finally, Freestone Capital Holdings LLC increased its holdings in shares of iShares MSCI Japan ETF by 3.3% during the 4th quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $92.80 on Monday. The firm has a market cap of $21.76 billion, a PE ratio of 14.63 and a beta of 0.68. The firm’s 50 day moving average price is $91.56 and its 200-day moving average price is $87.79. iShares MSCI Japan ETF has a one year low of $71.51 and a one year high of $97.52.

iShares MSCI Japan ETF Company 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.