TD Asset Management Inc Sells 1,559,091 Shares of iShares MSCI Japan ETF $EWJ

TD Asset Management Inc trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 37.0% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,659,915 shares of the exchange traded fund’s stock after selling 1,559,091 shares during the quarter. TD Asset Management Inc owned about 1.43% of iShares MSCI Japan ETF worth $213,352,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of EWJ. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI Japan ETF during the 3rd quarter valued at about $26,000. MMA Asset Management LLC bought a new position in iShares MSCI Japan ETF during the third quarter valued at approximately $36,000. Front Row Advisors LLC purchased a new stake in iShares MSCI Japan ETF in the second quarter worth approximately $44,000. Assetmark Inc. grew its position in iShares MSCI Japan ETF by 90.7% in the 3rd quarter. Assetmark Inc. now owns 797 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 379 shares during the period. Finally, Allianz SE raised its stake in iShares MSCI Japan ETF by 262.0% during the 2nd quarter. Allianz SE now owns 1,010 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 731 shares during the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

NYSEARCA EWJ opened at $91.23 on Wednesday. The stock has a market capitalization of $17.80 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 1-year low of $59.84 and a 1-year high of $94.28. The business’s fifty day moving average price is $85.73 and its 200-day moving average price is $82.93.

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.