NewEdge Advisors LLC Sells 36,957 Shares of iShares MSCI Japan ETF $EWJ

NewEdge Advisors LLC decreased its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 79.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,270 shares of the exchange traded fund’s stock after selling 36,957 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $783,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Royal Bank of Canada lifted its stake in iShares MSCI Japan ETF by 98.6% during the 1st quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock valued at $426,300,000 after acquiring an additional 2,506,472 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of iShares MSCI Japan ETF by 2,279.0% in the 1st quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after acquiring an additional 1,600,219 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake 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 worth $147,814,000 after acquiring an additional 1,531,363 shares in the last quarter. Quadrature Capital Ltd raised its holdings in shares of iShares MSCI Japan ETF by 1,593.2% in the fourth quarter. Quadrature Capital Ltd now owns 992,110 shares of the exchange traded fund’s stock valued at $80,103,000 after purchasing an additional 933,517 shares during the last quarter. Finally, National Bank of Canada FI purchased a new stake in shares of iShares MSCI Japan ETF in the third quarter valued at about $50,155,000. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

EWJ opened at $94.78 on Thursday. iShares MSCI Japan ETF has a fifty-two week low of $77.38 and a fifty-two week high of $98.79. The firm has a market capitalization of $22.45 billion, a P/E ratio of 14.63 and a beta of 0.68. The company’s 50-day moving average is $93.79 and its 200 day moving average is $90.63.

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.