Capital Investment Advisors LLC Lowers Holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Capital Investment Advisors LLC trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 44.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,223 shares of the exchange traded fund’s stock after selling 5,064 shares during the period. Capital Investment Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $418,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its holdings in iShares MSCI Japan ETF by 22.5% in the third quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock valued at $4,644,000 after purchasing an additional 11,993 shares during the last quarter. Sentry LLC boosted its holdings in iShares MSCI Japan ETF by 4.0% in the third quarter. Sentry LLC now owns 4,497 shares of the exchange traded fund’s stock valued at $322,000 after purchasing an additional 175 shares during the last quarter. Arizona PSPRS Trust purchased a new stake in iShares MSCI Japan ETF in the third quarter valued at $4,807,000. Wellington Management Group LLP purchased a new stake in iShares MSCI Japan ETF in the third quarter valued at $5,059,000. Finally, Granite Bay Wealth Management LLC boosted its stake in shares of iShares MSCI Japan ETF by 55.9% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 145,811 shares of the exchange traded fund’s stock worth $9,950,000 after acquiring an additional 52,282 shares in the last quarter.

iShares MSCI Japan ETF Stock Up 1.5 %

EWJ stock opened at $66.27 on Thursday. The company’s 50-day simple moving average is $68.09 and its 200-day simple moving average is $69.06. iShares MSCI Japan ETF has a 52-week low of $60.62 and a 52-week high of $73.24. The firm has a market cap of $16.21 billion, a P/E ratio of 13.63 and a beta of 0.73.

iShares MSCI Japan ETF 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).