Principal Financial Group Inc. Boosts Holdings in iShares MSCI Japan ETF $EWJ

Principal Financial Group Inc. lifted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 42.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,623 shares of the exchange traded fund’s stock after purchasing an additional 17,047 shares during the period. Principal Financial Group Inc.’s holdings in iShares MSCI Japan ETF were worth $4,866,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in EWJ. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in iShares MSCI Japan ETF in the 4th quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the third quarter valued at about $26,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at about $29,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the first quarter valued at about $29,000. Finally, Blue Trust Inc. purchased a new stake in shares of iShares MSCI Japan ETF during the fourth quarter worth about $30,000. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Performance

NYSEARCA:EWJ opened at $89.83 on Wednesday. iShares MSCI Japan ETF has a one year low of $73.34 and a one year high of $97.52. The business’s 50-day simple moving average is $92.78 and its 200 day simple moving average is $89.46. The stock has a market cap of $21.29 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

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.