iShares MSCI Japan ETF $EWJ is 1607 Capital Partners LLC’s 7th Largest Position

1607 Capital Partners LLC lowered its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 8.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 573,377 shares of the exchange traded fund’s stock after selling 51,885 shares during the quarter. iShares MSCI Japan ETF comprises 3.5% of 1607 Capital Partners LLC’s portfolio, making the stock its 7th largest position. 1607 Capital Partners LLC owned about 0.31% of iShares MSCI Japan ETF worth $45,991,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Alliancebernstein L.P. boosted its holdings in iShares MSCI Japan ETF by 0.6% in the 3rd quarter. Alliancebernstein L.P. now owns 549,906 shares of the exchange traded fund’s stock worth $44,108,000 after acquiring an additional 3,183 shares during the period. 17 Capital Partners LLC acquired a new stake in iShares MSCI Japan ETF in the third quarter valued at approximately $207,000. Zacks Investment Management raised its stake in shares of iShares MSCI Japan ETF by 25.0% during the third quarter. Zacks Investment Management now owns 79,080 shares of the exchange traded fund’s stock valued at $6,343,000 after purchasing an additional 15,841 shares during the period. Raymond James Financial Inc. raised its stake in shares of iShares MSCI Japan ETF by 42.0% during the third quarter. Raymond James Financial Inc. now owns 251,385 shares of the exchange traded fund’s stock valued at $20,164,000 after purchasing an additional 74,297 shares during the period. Finally, Equitable Holdings Inc. lifted its position in shares of iShares MSCI Japan ETF by 5.7% during the third quarter. Equitable Holdings Inc. now owns 37,885 shares of the exchange traded fund’s stock worth $3,039,000 after purchasing an additional 2,039 shares in the last quarter. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Trading Down 1.0%

Shares of EWJ stock opened at $83.36 on Friday. The company has a market capitalization of $16.27 billion, a PE ratio of 14.63 and a beta of 0.68. The firm has a fifty day simple moving average of $87.51 and a 200-day simple moving average of $83.66. iShares MSCI Japan ETF has a twelve month low of $59.84 and a twelve month high of $94.28.

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). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.