Hodges Capital Management Inc. Invests $386,000 in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Hodges Capital Management Inc. purchased a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) in the first quarter, HoldingsChannel reports. The institutional investor purchased 5,411 shares of the exchange traded fund’s stock, valued at approximately $386,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EWJ. Mariner LLC raised its position in iShares MSCI Japan ETF by 27.9% in the 3rd quarter. Mariner LLC now owns 10,801 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 2,356 shares during the period. Trexquant Investment LP raised its stake in shares of iShares MSCI Japan ETF by 113.8% during the third quarter. Trexquant Investment LP now owns 16,449 shares of the exchange traded fund’s stock valued at $992,000 after acquiring an additional 8,756 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in shares of iShares MSCI Japan ETF by 167.9% during the third quarter. Glenmede Trust Co. NA now owns 431,875 shares of the exchange traded fund’s stock worth $26,038,000 after purchasing an additional 270,664 shares during the period. Axxcess Wealth Management LLC grew its stake in shares of iShares MSCI Japan ETF by 16.6% in the third quarter. Axxcess Wealth Management LLC now owns 4,782 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 682 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares MSCI Japan ETF by 117.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,279,340 shares of the exchange traded fund’s stock valued at $77,103,000 after purchasing an additional 691,096 shares during the period.

iShares MSCI Japan ETF Trading Up 0.9 %

NYSEARCA EWJ traded up $0.59 on Friday, hitting $68.24. The company’s stock had a trading volume of 4,208,039 shares, compared to its average volume of 7,481,769. iShares MSCI Japan ETF has a 52-week low of $57.20 and a 52-week high of $72.07. The firm has a market cap of $16.69 billion, a P/E ratio of 13.63 and a beta of 0.73. The company’s 50-day simple moving average is $68.01 and its 200 day simple moving average is $67.56.

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).