Coastline Trust Co Cuts Position in iShares MSCI Japan ETF $EWJ

Coastline Trust Co reduced its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 11.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,092 shares of the exchange traded fund’s stock after selling 22,661 shares during the period. iShares MSCI Japan ETF accounts for 1.6% of Coastline Trust Co’s portfolio, making the stock its 15th largest position. Coastline Trust Co owned approximately 0.08% of iShares MSCI Japan ETF worth $17,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Royal Bank of Canada grew its holdings in shares of iShares MSCI Japan ETF by 98.6% during the 1st quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock worth $426,300,000 after acquiring an additional 2,506,472 shares during the period. Bessemer Group Inc. boosted its position in shares of iShares MSCI Japan ETF by 2,279.0% during the first quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock valued at $141,051,000 after purchasing an additional 1,600,219 shares in the last quarter. Keewaydin Investments LLC bought a new stake in shares of iShares MSCI Japan ETF during the fourth quarter valued at approximately $43,606,000. OMERS ADMINISTRATION Corp purchased a new stake in iShares MSCI Japan ETF in the first quarter worth $38,222,000. Finally, Lido Advisors LLC grew its stake in iShares MSCI Japan ETF by 142.9% in the first quarter. Lido Advisors LLC now owns 556,904 shares of the exchange traded fund’s stock worth $47,025,000 after purchasing an additional 327,597 shares during the period. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Trading Down 0.2%

EWJ traded down $0.24 during trading on Thursday, reaching $97.22. The stock had a trading volume of 2,248,571 shares, compared to its average volume of 7,004,014. The company has a market capitalization of $23.32 billion, a price-to-earnings ratio of 14.63 and a beta of 0.69. The stock’s 50 day moving average is $95.84 and its two-hundred day moving average is $92.17. iShares MSCI Japan ETF has a one year low of $78.21 and a one year high of $99.01.

iShares MSCI Japan ETF Company 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.