Prudential Financial Inc. Cuts Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Prudential Financial Inc. lowered its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 65.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,380 shares of the exchange traded fund’s stock after selling 15,840 shares during the period. Prudential Financial Inc.’s holdings in iShares MSCI Japan ETF were worth $562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EWJ. Simplex Trading LLC boosted its position in iShares MSCI Japan ETF by 26.5% during the fourth quarter. Simplex Trading LLC now owns 79,041 shares of the exchange traded fund’s stock worth $5,303,000 after purchasing an additional 16,551 shares in the last quarter. North Forty Two & Co. purchased a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth about $203,000. Thrivent Financial for Lutherans boosted its position in shares of iShares MSCI Japan ETF by 131.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 25,328 shares of the exchange traded fund’s stock worth $1,699,000 after buying an additional 14,387 shares in the last quarter. SSI Investment Management LLC grew its stake in iShares MSCI Japan ETF by 11.9% in the 4th quarter. SSI Investment Management LLC now owns 19,236 shares of the exchange traded fund’s stock valued at $1,291,000 after acquiring an additional 2,040 shares during the last quarter. Finally, Birnam Oak Advisors LP purchased a new position in iShares MSCI Japan ETF during the 4th quarter valued at about $268,000.

iShares MSCI Japan ETF Trading Up 0.5 %

Shares of EWJ opened at $61.65 on Wednesday. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $73.24. The stock has a market cap of $12.13 billion, a P/E ratio of 13.99 and a beta of 0.65. The company has a 50-day moving average of $68.76 and a two-hundred day moving average of $68.68.

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).