JPMorgan Chase & Co. Sells 5,849,779 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

JPMorgan Chase & Co. lowered its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 18.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,534,750 shares of the exchange traded fund’s stock after selling 5,849,779 shares during the period. JPMorgan Chase & Co. owned approximately 10.44% of iShares MSCI Japan ETF worth $1,713,382,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RPg Family Wealth Advisory LLC acquired a new position in iShares MSCI Japan ETF during the third quarter valued at approximately $30,000. Exchange Traded Concepts LLC lifted its position in shares of iShares MSCI Japan ETF by 66.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 178 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of iShares MSCI Japan ETF during the 4th quarter worth $37,000. Golden State Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the fourth quarter valued at about $45,000. Finally, Centricity Wealth Management LLC bought a new position in iShares MSCI Japan ETF in the fourth quarter valued at about $65,000.

iShares MSCI Japan ETF Trading Down 0.1 %

EWJ stock opened at $70.65 on Friday. The firm has a 50-day moving average price of $69.19 and a 200-day moving average price of $69.00. iShares MSCI Japan ETF has a 12 month low of $60.62 and a 12 month high of $73.24. The stock has a market capitalization of $13.90 billion, a P/E ratio of 14.35 and a beta of 0.65.

About iShares MSCI Japan ETF

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).