iShares MSCI Japan ETF $EWJ Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 98.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 5,048,553 shares of the exchange traded fund’s stock after buying an additional 2,506,472 shares during the period. Royal Bank of Canada’s holdings in iShares MSCI Japan ETF were worth $426,300,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in iShares MSCI Japan ETF in the 4th quarter valued at $25,000. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the third quarter worth $26,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI Japan ETF in the fourth quarter valued at $29,000. Darwin Wealth Management LLC acquired a new position in iShares MSCI Japan ETF in the first quarter valued at $29,000. Finally, Blue Trust Inc. acquired a new position in iShares MSCI Japan ETF in the fourth quarter valued at $30,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Down 1.8%

NYSEARCA EWJ opened at $89.83 on Wednesday. The business’s 50-day moving average price is $92.78 and its 200 day moving average price is $89.46. iShares MSCI Japan ETF has a twelve month low of $73.34 and a twelve month high of $97.52. The company has a market capitalization of $21.29 billion, a PE ratio of 14.63 and a beta of 0.68.

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.