Sharp Financial Services LLC Trims Position in iShares MSCI Japan ETF $EWJ

Sharp Financial Services LLC lowered its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 10.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,897 shares of the exchange traded fund’s stock after selling 450 shares during the period. Sharp Financial Services LLC’s holdings in iShares MSCI Japan ETF were worth $292,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. LRI Investments LLC acquired a new stake in iShares MSCI Japan ETF in the 2nd quarter worth about $26,000. Prostatis Group LLC acquired a new stake in shares of iShares MSCI Japan ETF in the second quarter worth approximately $3,123,000. Concurrent Investment Advisors LLC grew its holdings in iShares MSCI Japan ETF by 20.9% in the second quarter. Concurrent Investment Advisors LLC now owns 4,494 shares of the exchange traded fund’s stock valued at $337,000 after purchasing an additional 777 shares during the period. Verger Capital Management LLC grew its holdings in iShares MSCI Japan ETF by 0.5% in the second quarter. Verger Capital Management LLC now owns 63,073 shares of the exchange traded fund’s stock valued at $4,729,000 after purchasing an additional 290 shares during the period. Finally, Freedom Day Solutions LLC increased its position in iShares MSCI Japan ETF by 30.4% during the second quarter. Freedom Day Solutions LLC now owns 31,720 shares of the exchange traded fund’s stock worth $2,378,000 after purchasing an additional 7,393 shares during the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Down 3.9%

NYSEARCA:EWJ opened at $78.36 on Monday. The company has a market cap of $15.06 billion, a P/E ratio of 14.63 and a beta of 0.68. The firm’s 50 day moving average is $79.69 and its two-hundred day moving average is $74.42. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week high of $83.60.

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).