Miller Investment Management LP Has $27.69 Million Stake in iShares MSCI Japan ETF $EWJ

Miller Investment Management LP trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 2.8% during the second quarter, Holdings Channel reports. The firm owned 369,351 shares of the exchange traded fund’s stock after selling 10,795 shares during the quarter. iShares MSCI Japan ETF comprises about 2.9% of Miller Investment Management LP’s holdings, making the stock its 8th largest position. Miller Investment Management LP’s holdings in iShares MSCI Japan ETF were worth $27,690,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. LRI Investments LLC bought a new stake in iShares MSCI Japan ETF in the second quarter worth approximately $26,000. Larson Financial Group LLC boosted its holdings in shares of iShares MSCI Japan ETF by 195.2% during the 1st quarter. Larson Financial Group LLC now owns 372 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 246 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of iShares MSCI Japan ETF during the 2nd quarter worth approximately $30,000. Morgan Dempsey Capital Management LLC bought a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at $36,000. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF during the 1st quarter valued at $33,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Up 0.4%

Shares of NYSEARCA EWJ opened at $83.29 on Friday. The firm has a market cap of $15.52 billion, a PE ratio of 14.63 and a beta of 0.68. The company’s fifty day simple moving average is $81.32 and its 200 day simple moving average is $76.66. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $84.07.

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).