Innova Wealth Partners Decreases Stake in iShares MSCI Japan ETF $EWJ

Innova Wealth Partners lessened its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 40.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,617 shares of the exchange traded fund’s stock after selling 11,496 shares during the quarter. Innova Wealth Partners’ holdings in iShares MSCI Japan ETF were worth $1,333,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Angeles Investment Advisors LLC purchased a new stake in iShares MSCI Japan ETF during the 3rd quarter worth $29,918,000. D.A. Davidson & CO. purchased a new position in iShares MSCI Japan ETF in the third quarter valued at about $1,096,000. Bfsg LLC acquired a new position in shares of iShares MSCI Japan ETF during the third quarter worth about $5,704,000. Global Retirement Partners LLC acquired a new position in shares of iShares MSCI Japan ETF during the second quarter worth about $516,000. Finally, Centaurus Financial Inc. purchased a new stake in shares of iShares MSCI Japan ETF in the second quarter worth about $1,431,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $84.15 on Thursday. iShares MSCI Japan ETF has a 1 year low of $59.84 and a 1 year high of $94.28. The firm has a market cap of $16.42 billion, a P/E ratio of 14.63 and a beta of 0.68. The stock has a 50-day simple moving average of $87.62 and a 200-day simple moving average of $83.79.

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.