Parallel Advisors LLC Purchases 6,870 Shares of iShares MSCI Japan ETF $EWJ

Parallel Advisors LLC raised its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 49.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,720 shares of the exchange traded fund’s stock after purchasing an additional 6,870 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $1,750,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in EWJ. Focus Partners Wealth raised its holdings in iShares MSCI Japan ETF by 39.0% in the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock valued at $701,000 after buying an additional 2,869 shares during the last quarter. Marshall Wace LLP grew its holdings in iShares MSCI Japan ETF by 229.1% during the 2nd quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock worth $2,886,000 after acquiring an additional 26,800 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in iShares MSCI Japan ETF by 33,504.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock worth $29,199,000 after acquiring an additional 388,318 shares during the last quarter. Alliancebernstein L.P. increased its position in iShares MSCI Japan ETF by 6.1% in the 2nd quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock valued at $40,988,000 after acquiring an additional 31,344 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in iShares MSCI Japan ETF by 46.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock valued at $21,318,000 after acquiring an additional 89,999 shares during the period. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $92.74 on Wednesday. The company has a fifty day moving average price of $92.81 and a 200-day moving average price of $89.14. The company has a market capitalization of $22.10 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 52-week low of $72.73 and a 52-week 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.