USA Financial Formulas Acquires 7,352 Shares of iShares MSCI Japan ETF $EWJ

USA Financial Formulas acquired a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,352 shares of the exchange traded fund’s stock, valued at approximately $717,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Western Wealth Management LLC purchased a new position in iShares MSCI Japan ETF during the first quarter worth about $27,000. GK Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the 3rd quarter worth about $33,000. Darwin Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the 1st quarter worth about $29,000. MidFirst Bank acquired a new stake in iShares MSCI Japan ETF in the 4th quarter worth about $32,000. Finally, Go Invest LLC purchased a new stake in iShares MSCI Japan ETF in the 3rd quarter valued at about $43,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

EWJ opened at $94.88 on Friday. The stock has a market capitalization of $23.08 billion, a price-to-earnings ratio of 14.63 and a beta of 0.71. The business has a 50-day moving average of $96.95 and a two-hundred day moving average of $93.28. iShares MSCI Japan ETF has a 12 month low of $79.47 and a 12 month high of $99.98.

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.