Larch Capital Partners LLC Takes $4.10 Million Position in iShares MSCI Japan ETF $EWJ

Larch Capital Partners LLC acquired a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 50,733 shares of the exchange traded fund’s stock, valued at approximately $4,096,000. iShares MSCI Japan ETF comprises about 0.6% of Larch Capital Partners LLC’s investment portfolio, making the stock its 14th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Game Plan Financial Advisors LLC acquired a new position in iShares MSCI Japan ETF in the 4th quarter valued at about $26,000. JPL Wealth Management LLC purchased a new position in iShares MSCI Japan ETF in the 3rd quarter valued at about $26,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the 4th quarter worth about $29,000. Blue Trust Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the 4th quarter worth about $30,000. Finally, 4Thought Financial Group Inc. purchased a new stake in shares of iShares MSCI Japan ETF during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

NYSEARCA:EWJ opened at $96.26 on Friday. The firm has a 50 day simple moving average of $90.92 and a 200-day simple moving average of $87.32. The firm has a market cap of $22.57 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 1-year low of $71.09 and a 1-year high of $96.52.

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.