Hsbc Holdings PLC Buys 38,163 Shares of iShares MSCI Japan ETF $EWJ

Hsbc Holdings PLC lifted its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 8.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 468,681 shares of the exchange traded fund’s stock after purchasing an additional 38,163 shares during the quarter. Hsbc Holdings PLC owned 0.20% of iShares MSCI Japan ETF worth $39,320,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Narus Financial Partners LLC increased its stake in iShares MSCI Japan ETF by 2.6% in the 4th quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock valued at $361,000 after buying an additional 115 shares during the last quarter. Steel Grove Capital Advisors LLC grew its holdings in shares of iShares MSCI Japan ETF by 4.1% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock valued at $248,000 after acquiring an additional 120 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of iShares MSCI Japan ETF by 0.5% in the fourth quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock valued at $2,050,000 after acquiring an additional 128 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of iShares MSCI Japan ETF by 4.7% in the fourth quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock valued at $230,000 after acquiring an additional 129 shares during the last quarter. Finally, Freestone Capital Holdings LLC raised its holdings in iShares MSCI Japan ETF by 3.3% during the fourth quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of NYSEARCA EWJ opened at $90.43 on Tuesday. The stock has a 50 day moving average price of $92.80 and a 200 day moving average price of $89.06. The stock has a market capitalization of $21.55 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 52 week low of $72.39 and a 52 week high of $97.52.

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.