iShares MSCI Japan ETF $EWJ Stock: Element Pointe Advisors LLC Raises Stake

Element Pointe Advisors LLC lifted its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 16.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,185 shares of the exchange traded fund’s stock after purchasing an additional 26,948 shares during the quarter. iShares MSCI Japan ETF accounts for approximately 2.6% of Element Pointe Advisors LLC’s holdings, making the stock its 8th biggest position. Element Pointe Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $18,633,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Western Wealth Management LLC bought a new stake in iShares MSCI Japan ETF during the 1st quarter valued at about $27,000. Darwin Wealth Management LLC purchased a new position in iShares MSCI Japan ETF in the first quarter worth about $29,000. MidFirst Bank bought a new position in shares of iShares MSCI Japan ETF in the fourth quarter worth approximately $32,000. GK Wealth Management LLC bought a new position in shares of iShares MSCI Japan ETF in the third quarter worth approximately $33,000. Finally, Go Invest LLC bought a new position in shares of iShares MSCI Japan ETF in the third quarter worth approximately $43,000. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Up 0.3%

NYSEARCA:EWJ opened at $95.72 on Thursday. The company’s 50 day moving average price is $96.87 and its 200-day moving average price is $93.57. iShares MSCI Japan ETF has a 52 week low of $79.47 and a 52 week high of $99.98. The stock has a market cap of $23.49 billion, a price-to-earnings ratio of 14.63 and a beta of 0.71.

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). 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.