Trinity Wealth Management LLC bought a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 44,567 shares of the exchange traded fund’s stock, valued at approximately $3,598,000. iShares MSCI Japan ETF comprises about 1.3% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding.
A number of other hedge funds have also made changes to their positions in EWJ. Fortitude Family Office LLC bought a new stake in iShares MSCI Japan ETF during the fourth quarter worth about $34,000. Cobblestone Asset Management LLC bought a new position in shares of iShares MSCI Japan ETF in the fourth quarter valued at approximately $657,000. Archford Capital Strategies LLC raised its stake in shares of iShares MSCI Japan ETF by 52.7% in the fourth quarter. Archford Capital Strategies LLC now owns 25,155 shares of the exchange traded fund’s stock valued at $2,031,000 after acquiring an additional 8,685 shares during the last quarter. Professional Financial Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $245,000. Finally, Rebalance LLC boosted its holdings in shares of iShares MSCI Japan ETF by 12.5% in the 4th quarter. Rebalance LLC now owns 8,945 shares of the exchange traded fund’s stock worth $722,000 after acquiring an additional 994 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.
iShares MSCI Japan ETF Price Performance
NYSEARCA EWJ opened at $84.44 on Wednesday. The stock’s 50 day simple moving average is $87.31 and its 200 day simple moving average is $84.03. iShares MSCI Japan ETF has a one year low of $59.84 and a one year high of $94.28. The firm has a market cap of $16.48 billion, a PE ratio of 14.63 and a beta of 0.68.
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.
Further Reading
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