FPC Investment Advisory Inc. Purchases 12,157 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

FPC Investment Advisory Inc. grew its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 27.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 56,068 shares of the exchange traded fund’s stock after buying an additional 12,157 shares during the quarter. iShares MSCI Japan ETF accounts for approximately 2.8% of FPC Investment Advisory Inc.’s investment portfolio, making the stock its 11th largest holding. FPC Investment Advisory Inc.’s holdings in iShares MSCI Japan ETF were worth $3,830,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC grew its stake in shares of iShares MSCI Japan ETF by 24.5% during the fourth quarter. Merit Financial Group LLC now owns 7,298 shares of the exchange traded fund’s stock valued at $490,000 after purchasing an additional 1,435 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of iShares MSCI Japan ETF by 22.5% during the third quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock valued at $4,644,000 after purchasing an additional 11,993 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of iShares MSCI Japan ETF by 52.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 33,849 shares of the exchange traded fund’s stock valued at $2,271,000 after purchasing an additional 11,611 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of iShares MSCI Japan ETF by 60.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 7,329 shares of the exchange traded fund’s stock valued at $492,000 after purchasing an additional 2,747 shares during the last quarter. Finally, Arizona PSPRS Trust bought a new stake in shares of iShares MSCI Japan ETF during the third quarter valued at approximately $4,807,000.

iShares MSCI Japan ETF Price Performance

EWJ opened at $69.09 on Friday. iShares MSCI Japan ETF has a one year low of $60.62 and a one year high of $73.24. The company’s 50 day simple moving average is $67.65 and its 200-day simple moving average is $68.91. The stock has a market capitalization of $16.90 billion, a P/E ratio of 13.63 and a beta of 0.73.

iShares MSCI Japan ETF 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).