Lmcg Investments LLC Makes New Investment in iShares MSCI Japan ETF $EWJ

Lmcg Investments LLC acquired a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 70,480 shares of the exchange traded fund’s stock, valued at approximately $6,869,000.

Several other hedge funds also recently bought and sold shares of EWJ. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI Japan ETF by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,990,384 shares of the exchange traded fund’s stock worth $558,723,000 after purchasing an additional 128,092 shares during the last quarter. Royal Bank of Canada boosted its position in iShares MSCI Japan ETF by 98.6% in the 1st quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock valued at $426,300,000 after buying an additional 2,506,472 shares during the period. The Manufacturers Life Insurance Company boosted its position in iShares MSCI Japan ETF by 11.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock valued at $171,803,000 after buying an additional 203,875 shares during the period. Bessemer Group Inc. grew its stake in iShares MSCI Japan ETF by 2,279.0% in the 1st quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after acquiring an additional 1,600,219 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its stake in iShares MSCI Japan ETF by 2.3% in the 1st quarter. Glenmede Trust Co. NA now owns 1,428,598 shares of the exchange traded fund’s stock worth $120,631,000 after acquiring an additional 31,547 shares in the last quarter. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of NYSEARCA:EWJ opened at $95.72 on Thursday. The firm has a market cap of $23.49 billion, a PE ratio of 14.63 and a beta of 0.71. The firm’s 50 day simple moving average is $96.87 and its 200-day simple moving average is $93.57. iShares MSCI Japan ETF has a one year low of $79.47 and a one year high of $99.98.

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.