iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Sold by USA Financial Formulas

USA Financial Formulas lessened its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 14.6% in the 4th quarter, HoldingsChannel reports. The fund owned 2,416 shares of the exchange traded fund’s stock after selling 412 shares during the period. USA Financial Formulas’ holdings in iShares MSCI Japan ETF were worth $162,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Armstrong Advisory Group Inc. purchased a new position in iShares MSCI Japan ETF during the 4th quarter worth approximately $72,000. Park Avenue Securities LLC increased its stake in iShares MSCI Japan ETF by 309.4% in the 4th quarter. Park Avenue Securities LLC now owns 70,261 shares of the exchange traded fund’s stock valued at $4,715,000 after buying an additional 53,099 shares during the period. Breakwater Capital Group raised its holdings in iShares MSCI Japan ETF by 8.9% during the fourth quarter. Breakwater Capital Group now owns 7,550 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 616 shares in the last quarter. 180 Wealth Advisors LLC raised its stake in shares of iShares MSCI Japan ETF by 27.2% during the 4th quarter. 180 Wealth Advisors LLC now owns 5,386 shares of the exchange traded fund’s stock worth $361,000 after buying an additional 1,151 shares in the last quarter. Finally, Fortis Advisors LLC raised its position in iShares MSCI Japan ETF by 1.9% in the fourth quarter. Fortis Advisors LLC now owns 38,842 shares of the exchange traded fund’s stock worth $2,606,000 after acquiring an additional 726 shares in the last quarter.

iShares MSCI Japan ETF Trading Down 0.6 %

EWJ stock opened at $65.85 on Friday. The firm has a 50 day moving average of $68.01 and a 200-day moving average of $69.04. The company has a market cap of $16.11 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 12-month low of $60.62 and a 12-month 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).