Lmcg Investments LLC Lowers Stake in iShares MSCI Japan ETF $EWJ

Lmcg Investments LLC trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 11.8% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 74,480 shares of the exchange traded fund’s stock after selling 9,978 shares during the period. Lmcg Investments LLC’s holdings in iShares MSCI Japan ETF were worth $6,289,000 at the end of the most recent reporting period.

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

iShares MSCI Japan ETF Price Performance

EWJ opened at $92.54 on Thursday. The business has a 50 day simple moving average of $92.38 and a 200-day simple moving average of $88.40. The stock has a market capitalization of $22.04 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12 month low of $71.51 and a 12 month high of $97.52.

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.