JPMorgan Chase & Co. Cuts Stock Position in iShares MSCI Japan ETF $EWJ

JPMorgan Chase & Co. lowered its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 0.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,089,851 shares of the exchange traded fund’s stock after selling 12,469 shares during the period. JPMorgan Chase & Co. owned 13.37% of iShares MSCI Japan ETF worth $2,106,495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in EWJ. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter worth approximately $26,000. Game Plan Financial Advisors LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter worth approximately $26,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $29,000. Finally, Blue Trust Inc. purchased a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 1.4%

Shares of EWJ opened at $91.95 on Tuesday. The business’s fifty day simple moving average is $89.55 and its two-hundred day simple moving average is $86.69. iShares MSCI Japan ETF has a 12 month low of $71.09 and a 12 month high of $94.28. The company has a market cap of $21.56 billion, a price-to-earnings 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.