Y Intercept Hong Kong Ltd Buys 48,042 Shares of iShares MSCI Japan ETF $EWJ

Y Intercept Hong Kong Ltd boosted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 910.2% during the 1st quarter, HoldingsChannel reports. The fund owned 53,320 shares of the exchange traded fund’s stock after buying an additional 48,042 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in iShares MSCI Japan ETF were worth $4,502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of EWJ. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in shares of iShares MSCI Japan ETF during the 4th quarter worth about $25,000. Game Plan Financial Advisors LLC bought a new stake in iShares MSCI Japan ETF in the fourth quarter valued at about $26,000. JPL Wealth Management LLC acquired a new position in iShares MSCI Japan ETF in the third quarter worth about $26,000. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Japan ETF in the fourth quarter worth about $29,000. Finally, Blue Trust Inc. bought a new position in iShares MSCI Japan ETF during the fourth quarter worth about $30,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

NYSEARCA EWJ opened at $93.14 on Monday. The company has a market capitalization of $22.19 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 1-year low of $71.51 and a 1-year high of $97.52. The stock’s 50 day moving average is $92.00 and its two-hundred day moving average is $88.11.

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.