Coastline Trust Co Reduces Holdings in iShares MSCI Japan ETF $EWJ

Coastline Trust Co lessened its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 11.1% in the third quarter, Holdings Channel reports. The institutional investor owned 181,092 shares of the exchange traded fund’s stock after selling 22,661 shares during the period. iShares MSCI Japan ETF accounts for approximately 1.6% of Coastline Trust Co’s portfolio, making the stock its 15th biggest position. Coastline Trust Co’s holdings in iShares MSCI Japan ETF were worth $17,649,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Mill Creek Capital Advisors LLC increased its holdings in shares of iShares MSCI Japan ETF by 2.7% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 5,164 shares of the exchange traded fund’s stock valued at $417,000 after acquiring an additional 134 shares in the last quarter. Patten Group Inc. increased its stake in iShares MSCI Japan ETF by 3.5% during the 1st quarter. Patten Group Inc. now owns 4,023 shares of the exchange traded fund’s stock valued at $340,000 after purchasing an additional 136 shares in the last quarter. Greenwich Wealth Management LLC raised its holdings in iShares MSCI Japan ETF by 0.9% in the fourth quarter. Greenwich Wealth Management LLC now owns 16,561 shares of the exchange traded fund’s stock worth $1,337,000 after buying an additional 142 shares during the last quarter. SteelPeak Wealth LLC lifted its stake in shares of iShares MSCI Japan ETF by 1.0% in the first quarter. SteelPeak Wealth LLC now owns 13,669 shares of the exchange traded fund’s stock worth $1,154,000 after buying an additional 142 shares in the last quarter. Finally, Alteri Wealth LLC grew its holdings in shares of iShares MSCI Japan ETF by 5.5% during the fourth quarter. Alteri Wealth LLC now owns 2,861 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 150 shares during the last quarter. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Price Performance

NYSEARCA EWJ traded down $0.24 during mid-day trading on Thursday, reaching $97.22. The stock had a trading volume of 2,248,571 shares, compared to its average volume of 7,004,014. iShares MSCI Japan ETF has a 1 year low of $78.21 and a 1 year high of $99.01. The stock has a market cap of $23.32 billion, a PE ratio of 14.63 and a beta of 0.69. The company has a fifty day moving average price of $95.84 and a 200 day moving average price of $92.17.

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.