Franklin Resources Inc. Acquires 16,101 Shares of iShares MSCI Japan ETF $EWJ

Franklin Resources Inc. raised its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 24.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 81,057 shares of the exchange traded fund’s stock after purchasing an additional 16,101 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI Japan ETF were worth $6,077,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EWJ. Marvin & Palmer Associates Inc. purchased a new stake in shares of iShares MSCI Japan ETF during the second quarter valued at $1,912,000. Howe & Rusling Inc. lifted its stake in iShares MSCI Japan ETF by 10.5% during the 2nd quarter. Howe & Rusling Inc. now owns 2,748 shares of the exchange traded fund’s stock valued at $206,000 after acquiring an additional 262 shares during the period. EFG Asset Management Americas Corp. boosted its holdings in shares of iShares MSCI Japan ETF by 23.0% during the 2nd quarter. EFG Asset Management Americas Corp. now owns 86,707 shares of the exchange traded fund’s stock valued at $6,500,000 after acquiring an additional 16,230 shares during the last quarter. Alteri Wealth LLC purchased a new stake in shares of iShares MSCI Japan ETF during the 2nd quarter valued at about $203,000. Finally, TD Waterhouse Canada Inc. grew its stake in shares of iShares MSCI Japan ETF by 60.5% in the second quarter. TD Waterhouse Canada Inc. now owns 192,208 shares of the exchange traded fund’s stock worth $14,294,000 after acquiring an additional 72,441 shares during the period. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 0.3%

EWJ opened at $83.01 on Monday. The stock has a market capitalization of $15.46 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The firm has a 50 day moving average price of $82.01 and a 200-day moving average price of $77.89. iShares MSCI Japan ETF has a twelve month low of $59.84 and a twelve month high of $84.54.

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).