Envestnet Asset Management Inc. Sells 604,530 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

Envestnet Asset Management Inc. cut its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,353,451 shares of the exchange traded fund’s stock after selling 604,530 shares during the quarter. Envestnet Asset Management Inc. owned about 3.01% of iShares MSCI Japan ETF worth $493,417,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Exchange Traded Concepts LLC raised its holdings in iShares MSCI Japan ETF by 66.7% in the fourth 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 purchased a new position in iShares MSCI Japan ETF in the 4th quarter worth approximately $37,000. Golden State Wealth Management LLC bought a new position in iShares MSCI Japan ETF in the 4th quarter valued at approximately $45,000. Centricity Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF during the 4th quarter valued at $65,000. Finally, City Holding Co. increased its holdings in shares of iShares MSCI Japan ETF by 25.0% in the 4th quarter. City Holding Co. now owns 1,000 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 200 shares in the last quarter.

iShares MSCI Japan ETF Stock Down 6.0 %

Shares of EWJ stock opened at $61.51 on Friday. The company has a 50 day moving average price of $69.15 and a 200-day moving average price of $68.88. iShares MSCI Japan ETF has a 52 week low of $60.62 and a 52 week high of $73.24. The firm has a market capitalization of $12.11 billion, a PE ratio of 13.99 and a beta of 0.65.

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).