Red Cedar Investment Management LLC Cuts Stock Position in iShares MSCI Japan ETF $EWJ

Red Cedar Investment Management LLC lessened its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 3.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 390,781 shares of the exchange traded fund’s stock after selling 12,114 shares during the quarter. iShares MSCI Japan ETF makes up about 3.7% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its 5th largest holding. Red Cedar Investment Management LLC owned about 0.21% of iShares MSCI Japan ETF worth $31,345,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EWJ. Fisher Asset Management LLC raised its holdings in iShares MSCI Japan ETF by 60.6% in the 2nd quarter. Fisher Asset Management LLC now owns 2,677,275 shares of the exchange traded fund’s stock worth $200,715,000 after acquiring an additional 1,010,345 shares during the last quarter. Johns Hopkins University purchased a new position in shares of iShares MSCI Japan ETF during the 2nd quarter worth $57,761,000. Ameriprise Financial Inc. grew its position in shares of iShares MSCI Japan ETF by 44.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,261,058 shares of the exchange traded fund’s stock valued at $94,540,000 after acquiring an additional 390,526 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of iShares MSCI Japan ETF by 33,504.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock worth $29,199,000 after purchasing an additional 388,318 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in iShares MSCI Japan ETF by 57.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,037,186 shares of the exchange traded fund’s stock valued at $77,758,000 after purchasing an additional 378,947 shares in the last quarter. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 0.1%

NYSEARCA EWJ opened at $84.63 on Tuesday. The company’s 50 day moving average is $82.69 and its two-hundred day moving average is $80.62. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12 month low of $59.84 and a 12 month high of $86.00.

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.