Global Endowment Management LP Raises Holdings in iShares MSCI Japan ETF $EWJ

Global Endowment Management LP lifted its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 31.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,581 shares of the exchange traded fund’s stock after buying an additional 26,907 shares during the quarter. iShares MSCI Japan ETF makes up 1.1% of Global Endowment Management LP’s holdings, making the stock its 20th largest position. Global Endowment Management LP’s holdings in iShares MSCI Japan ETF were worth $9,091,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Hudson Portfolio Management LLC boosted its stake in shares of iShares MSCI Japan ETF by 26.1% in the fourth quarter. Hudson Portfolio Management LLC now owns 36,085 shares of the exchange traded fund’s stock worth $2,914,000 after buying an additional 7,471 shares during the last quarter. Arax Advisory Partners purchased a new position in iShares MSCI Japan ETF during the fourth quarter worth approximately $32,000. Brown Advisory Inc. boosted its position in iShares MSCI Japan ETF by 23.8% during the fourth quarter. Brown Advisory Inc. now owns 122,189 shares of the exchange traded fund’s stock worth $9,866,000 after purchasing an additional 23,520 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in iShares MSCI Japan ETF by 46.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,509 shares of the exchange traded fund’s stock worth $122,000 after purchasing an additional 478 shares in the last quarter. Finally, CreativeOne Wealth LLC boosted its position in iShares MSCI Japan ETF by 2.7% during the fourth quarter. CreativeOne Wealth LLC now owns 5,232 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 0.6%

Shares of EWJ stock opened at $92.71 on Friday. The company has a market capitalization of $21.74 billion, a P/E ratio of 14.63 and a beta of 0.68. The business’s 50 day moving average is $90.17 and its two-hundred day moving average is $86.95. iShares MSCI Japan ETF has a 12-month low of $71.09 and a 12-month 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.