World Investment Advisors LLC purchased a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 12,865 shares of the exchange traded fund’s stock, valued at approximately $920,000.
Other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can increased its stake in shares of iShares MSCI Japan ETF by 3.3% in the 3rd quarter. Bank of Montreal Can now owns 7,735,522 shares of the exchange traded fund’s stock valued at $549,841,000 after purchasing an additional 244,641 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares MSCI Japan ETF by 508.8% in the second quarter. Envestnet Asset Management Inc. now owns 6,692,020 shares of the exchange traded fund’s stock valued at $456,663,000 after acquiring an additional 5,592,738 shares during the last quarter. First Command Advisory Services Inc. grew its position in iShares MSCI Japan ETF by 0.8% in the second quarter. First Command Advisory Services Inc. now owns 5,671,347 shares of the exchange traded fund’s stock valued at $387,108,000 after acquiring an additional 42,690 shares during the last quarter. Glenmede Trust Co. NA raised its stake in iShares MSCI Japan ETF by 1.3% during the third quarter. Glenmede Trust Co. NA now owns 1,346,971 shares of the exchange traded fund’s stock worth $96,362,000 after acquiring an additional 17,765 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of iShares MSCI Japan ETF by 64.6% in the second quarter. The Manufacturers Life Insurance Company now owns 1,272,225 shares of the exchange traded fund’s stock worth $86,817,000 after acquiring an additional 499,193 shares during the last quarter.
iShares MSCI Japan ETF Trading Down 1.2 %
EWJ opened at $69.54 on Monday. The company’s 50 day moving average is $69.18 and its 200-day moving average is $69.24. The company has a market cap of $17.01 billion, a P/E ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year high of $73.24.
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).
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