The Manufacturers Life Insurance Company Trims Stock Position in iShares MSCI Japan ETF $EWJ

The Manufacturers Life Insurance Company trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 61.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 788,395 shares of the exchange traded fund’s stock after selling 1,246,225 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares MSCI Japan ETF were worth $73,534,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its stake in shares of iShares MSCI Japan ETF by 39.0% in the first quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after buying an additional 2,869 shares during the last quarter. Marshall Wace LLP raised its position in iShares MSCI Japan ETF by 229.1% during the second quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock valued at $2,886,000 after acquiring an additional 26,800 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in iShares MSCI Japan ETF by 33,504.6% in the second quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock valued at $29,199,000 after acquiring an additional 388,318 shares during the period. Alliancebernstein L.P. lifted its holdings in iShares MSCI Japan ETF by 6.1% in the second quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock valued at $40,988,000 after acquiring an additional 31,344 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in iShares MSCI Japan ETF by 46.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock worth $21,318,000 after purchasing an additional 89,999 shares in the last quarter. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

Shares of NYSEARCA EWJ opened at $98.56 on Friday. The company has a market capitalization of $23.34 billion, a PE ratio of 14.63 and a beta of 0.69. The company’s fifty day moving average price is $94.68 and its 200 day moving average price is $91.34. iShares MSCI Japan ETF has a 1 year low of $78.21 and a 1 year high of $98.79.

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). 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.