SSI Investment Management LLC Takes $1.23 Million Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

SSI Investment Management LLC acquired a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 17,196 shares of the exchange traded fund’s stock, valued at approximately $1,230,000.

A number of other hedge funds have also made changes to their positions in the stock. Cypress Capital Group boosted its position in iShares MSCI Japan ETF by 1.6% during the third quarter. Cypress Capital Group now owns 90,684 shares of the exchange traded fund’s stock valued at $6,488,000 after purchasing an additional 1,429 shares during the last quarter. Citizens Financial Group Inc. RI lifted its holdings in shares of iShares MSCI Japan ETF by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 10,523 shares of the exchange traded fund’s stock valued at $753,000 after buying an additional 220 shares during the last quarter. Moors & Cabot Inc. bought a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter valued at approximately $244,000. First Horizon Advisors Inc. increased its holdings in iShares MSCI Japan ETF by 88.1% in the third quarter. First Horizon Advisors Inc. now owns 7,409 shares of the exchange traded fund’s stock worth $530,000 after buying an additional 3,470 shares during the last quarter. Finally, Prospera Financial Services Inc bought a new position in iShares MSCI Japan ETF during the third quarter valued at approximately $212,000.

iShares MSCI Japan ETF Stock Down 0.7 %

EWJ stock opened at $67.28 on Thursday. The firm has a 50 day moving average of $69.64 and a two-hundred day moving average of $69.08. iShares MSCI Japan ETF has a 12 month low of $60.62 and a 12 month high of $73.24. The company has a market capitalization of $16.46 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73.

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).