Granite Bay Wealth Management LLC Has $16.56 Million Stock Position in iShares MSCI Japan ETF $EWJ

Granite Bay Wealth Management LLC lifted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 5.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 206,444 shares of the exchange traded fund’s stock after purchasing an additional 10,846 shares during the period. iShares MSCI Japan ETF accounts for approximately 4.3% of Granite Bay Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Granite Bay Wealth Management LLC’s holdings in iShares MSCI Japan ETF were worth $16,559,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in EWJ. JGP Wealth Management LLC boosted its stake in iShares MSCI Japan ETF by 13.2% in the 3rd quarter. JGP Wealth Management LLC now owns 10,709 shares of the exchange traded fund’s stock valued at $858,000 after purchasing an additional 1,250 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of iShares MSCI Japan ETF by 47.1% in the third quarter. Harbor Capital Advisors Inc. now owns 106,707 shares of the exchange traded fund’s stock valued at $8,559,000 after acquiring an additional 34,166 shares in the last quarter. Founders Financial Securities LLC increased its position in iShares MSCI Japan ETF by 0.8% during the third quarter. Founders Financial Securities LLC now owns 22,785 shares of the exchange traded fund’s stock worth $1,828,000 after acquiring an additional 173 shares during the period. Vontobel Holding Ltd. raised its stake in iShares MSCI Japan ETF by 0.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 262,048 shares of the exchange traded fund’s stock worth $21,019,000 after purchasing an additional 867 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in iShares MSCI Japan ETF by 3.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,325 shares of the exchange traded fund’s stock worth $828,000 after purchasing an additional 348 shares in the last quarter. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Down 0.2%

Shares of NYSEARCA:EWJ opened at $81.00 on Thursday. The company’s 50 day moving average price is $82.56 and its two-hundred day moving average price is $78.98. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $85.31. The firm has a market cap of $15.09 billion, a PE ratio of 14.63 and a beta of 0.68.

iShares MSCI Japan ETF Company 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.