Trek Financial LLC Has $5.44 Million Stock Holdings in iShares MSCI Japan ETF $EWJ

Trek Financial LLC lifted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 323.6% during the third quarter, Holdings Channel.com reports. The firm owned 67,819 shares of the exchange traded fund’s stock after purchasing an additional 51,809 shares during the period. Trek Financial LLC’s holdings in iShares MSCI Japan ETF were worth $5,440,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of EWJ. LRI Investments LLC purchased a new stake in iShares MSCI Japan ETF during the second quarter worth about $26,000. Trust Co. of Vermont purchased a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at about $30,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares MSCI Japan ETF during the second quarter worth about $36,000. Front Row Advisors LLC bought a new position in shares of iShares MSCI Japan ETF in the second quarter worth approximately $44,000. Finally, GAMMA Investing LLC purchased a new stake in iShares MSCI Japan ETF in the second quarter valued at approximately $51,000. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

EWJ stock traded down $0.30 during midday trading on Friday, reaching $84.56. The company had a trading volume of 13,050,380 shares, compared to its average volume of 7,408,985. The firm has a 50-day moving average price of $82.65 and a 200-day moving average price of $80.43. The company has a market capitalization of $16.83 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 1 year low of $59.84 and a 1 year high of $86.00.

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). 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.