Proficio Capital Partners LLC Buys New Shares in iShares MSCI Japan ETF $EWJ

Proficio Capital Partners LLC bought a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 57,760 shares of the exchange traded fund’s stock, valued at approximately $5,387,000.

Several other hedge funds also recently bought and sold shares of EWJ. Royal Bank of Canada lifted its holdings in shares of 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 worth $426,300,000 after buying an additional 2,506,472 shares during the period. Bessemer Group Inc. raised its holdings in shares of iShares MSCI Japan ETF by 2,279.0% in the first quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock valued at $141,051,000 after acquiring an additional 1,600,219 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of iShares MSCI Japan ETF by 511.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock valued at $147,814,000 after acquiring an additional 1,531,363 shares in the last quarter. Quadrature Capital Ltd lifted its stake in iShares MSCI Japan ETF by 1,593.2% in the fourth quarter. Quadrature Capital Ltd now owns 992,110 shares of the exchange traded fund’s stock worth $80,103,000 after acquiring an additional 933,517 shares during the period. Finally, National Bank of Canada FI purchased a new stake in iShares MSCI Japan ETF in the third quarter worth about $50,155,000. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ opened at $95.88 on Tuesday. The company has a 50 day moving average price of $93.91 and a 200-day moving average price of $91.03. iShares MSCI Japan ETF has a fifty-two week low of $77.38 and a fifty-two week high of $98.79. The stock has a market capitalization of $22.71 billion, a PE ratio of 14.63 and a beta of 0.68.

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.