Circle Wealth Management LLC Trims Position in iShares MSCI Japan ETF $EWJ

Circle Wealth Management LLC lessened its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 27.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,839 shares of the exchange traded fund’s stock after selling 7,211 shares during the quarter. Circle Wealth Management LLC’s holdings in iShares MSCI Japan ETF were worth $1,511,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWJ. Azimuth Capital Investment Management LLC boosted its holdings in iShares MSCI Japan ETF by 0.6% in the third quarter. Azimuth Capital Investment Management LLC now owns 123,700 shares of the exchange traded fund’s stock valued at $9,922,000 after acquiring an additional 775 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in iShares MSCI Japan ETF by 55.6% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 69,151 shares of the exchange traded fund’s stock worth $5,539,000 after purchasing an additional 24,720 shares in the last quarter. Allie Family Office LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter worth about $259,000. Alliancebernstein L.P. lifted its position in shares of iShares MSCI Japan ETF by 0.6% in the 3rd quarter. Alliancebernstein L.P. now owns 549,906 shares of the exchange traded fund’s stock worth $44,108,000 after purchasing an additional 3,183 shares during the period. Finally, 17 Capital Partners LLC bought a new stake in shares of iShares MSCI Japan ETF during the 3rd quarter valued at about $207,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Down 1.0%

Shares of EWJ opened at $83.36 on Friday. iShares MSCI Japan ETF has a 1-year low of $59.84 and a 1-year high of $94.28. The firm’s 50-day moving average price is $87.51 and its 200-day moving average price is $83.66. The firm has a market capitalization of $16.27 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

iShares MSCI Japan ETF 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.