Redmont Wealth Advisors LLC Takes Position in iShares MSCI Japan ETF $EWJ

Redmont Wealth Advisors LLC bought a new position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,287 shares of the exchange traded fund’s stock, valued at approximately $504,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. RoundAngle Advisors LLC raised its position in iShares MSCI Japan ETF by 0.5% during the 3rd quarter. RoundAngle Advisors LLC now owns 25,876 shares of the exchange traded fund’s stock worth $2,076,000 after buying an additional 139 shares during the last quarter. Perigon Wealth Management LLC increased its stake in shares of iShares MSCI Japan ETF by 2.4% during the third quarter. Perigon Wealth Management LLC now owns 7,052 shares of the exchange traded fund’s stock worth $566,000 after acquiring an additional 167 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI Japan ETF by 1.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 17,504 shares of the exchange traded fund’s stock worth $1,435,000 after acquiring an additional 172 shares during the period. Founders Financial Securities LLC raised its holdings in iShares MSCI Japan ETF by 0.8% during the third quarter. Founders Financial Securities LLC now owns 22,785 shares of the exchange traded fund’s stock worth $1,828,000 after purchasing an additional 173 shares in the last quarter. Finally, LM Advisors LLC lifted its position in iShares MSCI Japan ETF by 0.6% in the second quarter. LM Advisors LLC now owns 30,317 shares of the exchange traded fund’s stock valued at $2,273,000 after purchasing an additional 179 shares during the period. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

iShares MSCI Japan ETF stock opened at $91.38 on Thursday. The stock’s 50 day moving average price is $85.10 and its 200 day moving average price is $82.46. iShares MSCI Japan ETF has a 1-year low of $59.84 and a 1-year high of $94.28. The company has a market cap of $17.83 billion, a PE ratio of 14.63 and a beta of 0.68.

iShares MSCI Japan ETF 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.