Y Intercept Hong Kong Ltd Has $4.50 Million Stock Position in iShares MSCI Japan ETF $EWJ

Y Intercept Hong Kong Ltd increased its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 910.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,320 shares of the exchange traded fund’s stock after buying an additional 48,042 shares during the period. Y Intercept Hong Kong Ltd’s holdings in iShares MSCI Japan ETF were worth $4,502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EWJ. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in iShares MSCI Japan ETF during the 4th quarter worth $25,000. Game Plan Financial Advisors LLC bought a new position in shares of iShares MSCI Japan ETF in the fourth quarter worth about $26,000. JPL Wealth Management LLC bought a new position in shares of iShares MSCI Japan ETF in the third quarter worth about $26,000. Geneos Wealth Management Inc. acquired a new position in shares of iShares MSCI Japan ETF during the 4th quarter worth about $29,000. Finally, Blue Trust Inc. acquired a new position in shares of iShares MSCI Japan ETF during the 4th quarter worth about $30,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Price Performance

EWJ opened at $93.14 on Monday. The firm has a market capitalization of $22.19 billion, a P/E ratio of 14.63 and a beta of 0.68. The stock’s 50 day moving average price is $92.00 and its two-hundred day moving average price is $88.11. iShares MSCI Japan ETF has a 12-month low of $71.51 and a 12-month high of $97.52.

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.