Independent Advisor Alliance Invests $349,000 in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Independent Advisor Alliance bought a new position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 4th quarter, Holdings Channel reports. The institutional investor bought 5,205 shares of the exchange traded fund’s stock, valued at approximately $349,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. RPg Family Wealth Advisory LLC acquired a new stake in iShares MSCI Japan ETF during the third quarter worth approximately $30,000. Exchange Traded Concepts LLC grew its position in shares of iShares MSCI Japan ETF by 66.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 178 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF during the 4th quarter worth $45,000. Centricity Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF in the fourth quarter valued at $65,000. Finally, City Holding Co. boosted its stake in iShares MSCI Japan ETF by 25.0% in the fourth quarter. City Holding Co. now owns 1,000 shares of the exchange traded fund’s stock valued at $67,000 after acquiring an additional 200 shares in the last quarter.

iShares MSCI Japan ETF Stock Performance

EWJ opened at $70.89 on Wednesday. iShares MSCI Japan ETF has a one year low of $60.62 and a one year high of $73.24. The stock has a market capitalization of $13.95 billion, a P/E ratio of 14.35 and a beta of 0.65. The business’s 50-day simple moving average is $68.46 and its 200-day simple moving average is $68.94.

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).