Sterling Investment Counsel LLC Buys Shares of 6,250 iShares MSCI Japan ETF $EWJ

Sterling Investment Counsel LLC bought a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the first quarter, Holdings Channel reports. The institutional investor bought 6,250 shares of the exchange traded fund’s stock, valued at approximately $528,000.

A number of other hedge funds have also made changes to their positions in the stock. Vinland Capital Management Gestora de Recursos LTDA. purchased a new position in iShares MSCI Japan ETF during the fourth quarter valued at approximately $25,000. Game Plan Financial Advisors LLC acquired a new position in iShares MSCI Japan ETF in the 4th quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF in the 3rd quarter worth approximately $26,000. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Japan ETF in the 4th quarter worth approximately $29,000. Finally, Blue Trust Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the 4th quarter valued at $30,000. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

iShares MSCI Japan ETF stock opened at $96.26 on Monday. The company’s fifty day simple moving average is $91.05 and its 200-day simple moving average is $87.42. iShares MSCI Japan ETF has a 12 month low of $71.09 and a 12 month high of $96.52. The stock has a market cap of $22.57 billion, a P/E 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.