Parallel Advisors LLC Has $1.12 Million Stake in iShares MSCI Japan ETF $EWJ

Parallel Advisors LLC boosted its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 72.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,850 shares of the exchange traded fund’s stock after purchasing an additional 5,817 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $1,118,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Narus Financial Partners LLC increased its holdings 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 period. Steel Grove Capital Advisors LLC increased its holdings in 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 buying an additional 120 shares during the period. CoreCap Advisors LLC increased its holdings in iShares MSCI Japan ETF by 0.5% in the 4th quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock valued at $2,050,000 after buying an additional 128 shares during the period. DAVENPORT & Co LLC increased its holdings in iShares MSCI Japan ETF by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 129 shares during the period. Finally, Freestone Capital Holdings LLC increased its holdings in iShares MSCI Japan ETF by 3.3% in the 4th quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock valued at $328,000 after buying an additional 130 shares during the period. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Price Performance

EWJ stock opened at $90.72 on Monday. iShares MSCI Japan ETF has a 12 month low of $71.09 and a 12 month high of $94.28. The firm has a market cap of $21.27 billion, a P/E ratio of 14.63 and a beta of 0.68. The company’s 50-day moving average price is $89.36 and its two-hundred day moving average price is $86.61.

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.