Miller Investment Management LP Sells 20,822 Shares of iShares MSCI Japan ETF $EWJ

Miller Investment Management LP lessened its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 345,720 shares of the exchange traded fund’s stock after selling 20,822 shares during the period. iShares MSCI Japan ETF accounts for 2.7% of Miller Investment Management LP’s holdings, making the stock its 10th biggest holding. Miller Investment Management LP’s holdings in iShares MSCI Japan ETF were worth $27,913,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of EWJ. Focus Partners Wealth lifted its holdings in iShares MSCI Japan ETF by 39.0% in the first quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock valued at $701,000 after buying an additional 2,869 shares during the period. Marshall Wace LLP lifted its holdings in iShares MSCI Japan ETF by 229.1% in the second quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock valued at $2,886,000 after buying an additional 26,800 shares during the period. Qube Research & Technologies Ltd lifted its holdings in iShares MSCI Japan ETF by 33,504.6% in the second quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock valued at $29,199,000 after buying an additional 388,318 shares during the period. Alliancebernstein L.P. lifted its holdings in iShares MSCI Japan ETF by 6.1% in the second quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock valued at $40,988,000 after buying an additional 31,344 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in iShares MSCI Japan ETF by 46.3% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock valued at $21,318,000 after buying an additional 89,999 shares during the period. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 1.8%

EWJ stock opened at $89.29 on Thursday. The firm has a market cap of $20.93 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12-month low of $71.09 and a 12-month high of $94.28. The company’s fifty day simple moving average is $89.89 and its 200 day simple moving average is $86.83.

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.