iShares MSCI Japan ETF $EWJ Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 83.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,777 shares of the exchange traded fund’s stock after selling 38,450 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $657,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EWJ. Royal Bank of Canada boosted its position in 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. First Command Advisory Services Inc. increased its holdings in shares of iShares MSCI Japan ETF by 0.3% during the fourth quarter. First Command Advisory Services Inc. now owns 4,993,457 shares of the exchange traded fund’s stock valued at $403,172,000 after purchasing an additional 13,894 shares during the period. TD Asset Management Inc raised its stake in shares of iShares MSCI Japan ETF by 0.4% during the fourth quarter. TD Asset Management Inc now owns 2,671,796 shares of the exchange traded fund’s stock valued at $215,721,000 after purchasing an additional 11,881 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of iShares MSCI Japan ETF by 11.1% during the first quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock valued at $171,803,000 after purchasing an additional 203,875 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of iShares MSCI Japan ETF by 511.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock valued at $147,814,000 after purchasing an additional 1,531,363 shares in the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Price Performance

EWJ stock opened at $92.39 on Monday. The company has a 50-day simple moving average of $92.80 and a 200 day simple moving average of $89.61. The company has a market capitalization of $21.84 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a fifty-two week low of $73.34 and a fifty-two week high of $97.52.

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.