Merit Financial Group LLC Raises Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Merit Financial Group LLC lifted its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 24.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,298 shares of the exchange traded fund’s stock after acquiring an additional 1,435 shares during the period. Merit Financial Group LLC’s holdings in iShares MSCI Japan ETF were worth $490,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sentry LLC grew its position 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 acquiring an additional 175 shares in the last quarter. Forte Asset Management LLC boosted its stake in shares of iShares MSCI Japan ETF by 0.9% in the third quarter. Forte Asset Management LLC now owns 22,764 shares of the exchange traded fund’s stock valued at $1,629,000 after purchasing an additional 213 shares during the period. Citizens Financial Group Inc. RI grew its holdings in iShares MSCI Japan ETF by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 10,523 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 220 shares in the last quarter. Sonoma Private Wealth LLC increased its stake in iShares MSCI Japan ETF by 5.9% during the 3rd quarter. Sonoma Private Wealth LLC now owns 5,358 shares of the exchange traded fund’s stock worth $383,000 after buying an additional 297 shares during the period. Finally, TrinityPoint Wealth LLC lifted its holdings in iShares MSCI Japan ETF by 1.2% in the 3rd quarter. TrinityPoint Wealth LLC now owns 29,766 shares of the exchange traded fund’s stock worth $2,129,000 after buying an additional 349 shares in the last quarter.

iShares MSCI Japan ETF Price Performance

NYSEARCA:EWJ opened at $67.82 on Friday. The firm has a 50-day moving average of $67.84 and a two-hundred day moving average of $68.96. The stock has a market cap of $16.59 billion, a P/E ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year high of $73.24.

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).