iShares MSCI Japan ETF $EWJ Shares Sold by Palisades Hudson Asset Management L.P.

Palisades Hudson Asset Management L.P. cut its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 9.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 107,368 shares of the exchange traded fund’s stock after selling 10,861 shares during the period. iShares MSCI Japan ETF makes up 3.4% of Palisades Hudson Asset Management L.P.’s holdings, making the stock its 9th biggest holding. Palisades Hudson Asset Management L.P.’s holdings in iShares MSCI Japan ETF were worth $8,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Angeles Investment Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF in the third quarter valued at approximately $29,918,000. D.A. Davidson & CO. acquired a new position in shares of iShares MSCI Japan ETF in the third quarter valued at approximately $1,096,000. Bfsg LLC acquired a new position in shares of iShares MSCI Japan ETF in the third quarter valued at approximately $5,704,000. 3EDGE Asset Management LP acquired a new position in shares of iShares MSCI Japan ETF in the third quarter valued at approximately $1,067,000. Finally, Blair William & Co. IL grew its holdings in shares of iShares MSCI Japan ETF by 66.9% in the third quarter. Blair William & Co. IL now owns 52,686 shares of the exchange traded fund’s stock valued at $4,226,000 after purchasing an additional 21,124 shares in the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ stock opened at $86.81 on Thursday. The stock has a market capitalization of $20.29 billion, a P/E ratio of 14.63 and a beta of 0.67. The company has a 50 day moving average price of $86.93 and a 200 day moving average price of $84.99. iShares MSCI Japan ETF has a fifty-two week low of $70.57 and a fifty-two week high of $94.28.

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.