IPG Investment Advisors LLC Buys 50,440 Shares of iShares MSCI Japan ETF $EWJ

IPG Investment Advisors LLC grew its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 726.2% in the 4th quarter, Holdings Channel reports. The firm owned 57,386 shares of the exchange traded fund’s stock after purchasing an additional 50,440 shares during the period. IPG Investment Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $4,633,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new position in iShares MSCI Japan ETF in the 3rd quarter worth $26,000. Game Plan Financial Advisors LLC bought a new position in iShares MSCI Japan ETF in the 4th quarter worth $26,000. JPL Wealth Management LLC bought a new position in iShares MSCI Japan ETF in the 3rd quarter worth $26,000. Geneos Wealth Management Inc. bought a new position in iShares MSCI Japan ETF in the 4th quarter worth $29,000. Finally, Blue Trust Inc. bought a new position in iShares MSCI Japan ETF in the 4th quarter worth $30,000. 64.60% of the stock is currently owned by institutional investors.

iShares MSCI Japan ETF Trading Down 0.7%

Shares of NYSEARCA EWJ opened at $92.29 on Thursday. iShares MSCI Japan ETF has a 12 month low of $71.09 and a 12 month high of $94.28. The firm has a market capitalization of $21.64 billion, a PE ratio of 14.63 and a beta of 0.68. The firm has a fifty day simple moving average of $88.06 and a two-hundred day simple moving average of $86.15.

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.