Element Pointe Advisors LLC Has $13.42 Million Stock Position in iShares MSCI Japan ETF $EWJ

Element Pointe Advisors LLC boosted its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 9.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,946 shares of the exchange traded fund’s stock after acquiring an additional 14,282 shares during the period. iShares MSCI Japan ETF accounts for about 2.5% of Element Pointe Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Element Pointe Advisors LLC owned about 0.07% of iShares MSCI Japan ETF worth $13,421,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in shares of iShares MSCI Japan ETF during the fourth quarter valued at approximately $25,000. Game Plan Financial Advisors LLC bought a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter worth approximately $26,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 1st quarter worth approximately $29,000. Finally, Geneos Wealth Management Inc. bought a new position in iShares MSCI Japan ETF during the 4th quarter valued at approximately $29,000. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 0.1%

EWJ stock opened at $90.43 on Tuesday. The business has a 50 day moving average of $92.80 and a 200 day moving average of $89.06. The firm has a market cap of $21.55 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a twelve month low of $72.39 and a twelve month high of $97.52.

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.