Idaho Trust Co Makes New Investment in iShares MSCI Japan ETF $EWJ

Idaho Trust Co bought a new position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 71,203 shares of the exchange traded fund’s stock, valued at approximately $6,939,000. iShares MSCI Japan ETF makes up 2.1% of Idaho Trust Co’s investment portfolio, making the stock its 14th biggest holding.

Other large investors also recently bought and sold shares of the company. Carret Asset Management LLC acquired a new stake in iShares MSCI Japan ETF in the 3rd quarter valued at about $461,000. Edgemoor Investment Advisors Inc. purchased a new position in iShares MSCI Japan ETF during the 3rd quarter valued at about $40,000. Allen Investment Management LLC raised its position in iShares MSCI Japan ETF by 13.9% during the third quarter. Allen Investment Management LLC now owns 298,742 shares of the exchange traded fund’s stock worth $29,115,000 after acquiring an additional 36,523 shares during the last quarter. Parallel Advisors LLC raised its position in iShares MSCI Japan ETF by 7.4% during the third quarter. Parallel Advisors LLC now owns 21,408 shares of the exchange traded fund’s stock worth $2,086,000 after acquiring an additional 1,480 shares during the last quarter. Finally, Guidance Capital Inc. raised its position in iShares MSCI Japan ETF by 0.8% during the third quarter. Guidance Capital Inc. now owns 18,154 shares of the exchange traded fund’s stock worth $1,685,000 after acquiring an additional 139 shares during the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

EWJ stock opened at $91.48 on Tuesday. The company’s 50 day simple moving average is $96.03 and its 200-day simple moving average is $91.95. The firm has a market capitalization of $23.26 billion, a PE ratio of 14.63 and a beta of 0.76. iShares MSCI Japan ETF has a 12 month low of $79.47 and a 12 month high of $99.98.

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.