Meeder Asset Management Inc. Sells 6,499 Shares of iShares MSCI Japan ETF $EWJ

Meeder Asset Management Inc. lessened its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 24.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,323 shares of the exchange traded fund’s stock after selling 6,499 shares during the quarter. Meeder Asset Management Inc.’s holdings in iShares MSCI Japan ETF were worth $1,716,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Command Advisory Services Inc. raised its position in iShares MSCI Japan ETF by 0.3% during the fourth quarter. First Command Advisory Services Inc. now owns 4,993,457 shares of the exchange traded fund’s stock worth $403,172,000 after acquiring an additional 13,894 shares in the last quarter. TD Asset Management Inc lifted its stake in iShares MSCI Japan ETF by 0.4% in the fourth quarter. TD Asset Management Inc now owns 2,671,796 shares of the exchange traded fund’s stock valued at $215,721,000 after acquiring an additional 11,881 shares during the last quarter. Royal Bank of Canada grew its position in shares of iShares MSCI Japan ETF by 254.4% in the 4th quarter. Royal Bank of Canada now owns 2,542,081 shares of the exchange traded fund’s stock valued at $205,247,000 after acquiring an additional 1,824,734 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of iShares MSCI Japan ETF by 511.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock valued at $147,814,000 after acquiring an additional 1,531,363 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of iShares MSCI Japan ETF by 25.8% during the 4th quarter. Bank of Montreal Can now owns 1,798,753 shares of the exchange traded fund’s stock worth $145,231,000 after purchasing an additional 369,260 shares during the last quarter. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Price Performance

iShares MSCI Japan ETF stock opened at $90.43 on Tuesday. The company’s 50-day moving average is $92.80 and its 200-day moving average is $89.06. The firm has a market capitalization of $21.55 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a fifty-two week low of $72.39 and a fifty-two week high of $97.52.

About iShares MSCI Japan ETF

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.