Laffer Tengler Investments Inc. Acquires Shares of 10,838 iShares MSCI Japan ETF $EWJ

Laffer Tengler Investments Inc. bought a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,838 shares of the exchange traded fund’s stock, valued at approximately $869,000.

A number of other institutional investors have also recently modified their holdings of EWJ. Angeles Investment Advisors LLC purchased a new position in iShares MSCI Japan ETF in the 3rd quarter worth about $29,918,000. D.A. Davidson & CO. bought a new stake in shares of iShares MSCI Japan ETF in the third quarter worth approximately $1,096,000. Bfsg LLC purchased a new position in shares of iShares MSCI Japan ETF during the third quarter valued at approximately $5,704,000. Global Retirement Partners LLC bought a new position in iShares MSCI Japan ETF during the second quarter valued at approximately $516,000. Finally, ABC Arbitrage SA lifted its position in iShares MSCI Japan ETF by 12.5% during the second quarter. ABC Arbitrage SA now owns 36,066 shares of the exchange traded fund’s stock valued at $2,704,000 after purchasing an additional 4,017 shares during the period. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Trading Down 3.7%

NYSEARCA:EWJ opened at $86.83 on Wednesday. iShares MSCI Japan ETF has a 12 month low of $59.84 and a 12 month high of $94.28. The company has a market cap of $16.94 billion, a PE ratio of 14.63 and a beta of 0.68. The company has a 50 day simple moving average of $86.78 and a two-hundred day simple moving average of $83.35.

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.