Comerica Bank Cuts Position in iShares MSCI Japan ETF $EWJ

Comerica Bank cut its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 312,221 shares of the exchange traded fund’s stock after selling 31,752 shares during the period. Comerica Bank owned about 0.16% of iShares MSCI Japan ETF worth $25,209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in iShares MSCI Japan ETF by 2.6% in the third quarter. JPMorgan Chase & Co. now owns 26,102,320 shares of the exchange traded fund’s stock worth $2,093,667,000 after acquiring an additional 662,373 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares MSCI Japan ETF by 44.9% in the second quarter. Ameriprise Financial Inc. now owns 1,261,058 shares of the exchange traded fund’s stock worth $94,540,000 after acquiring an additional 390,526 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in iShares MSCI Japan ETF by 14.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,181,886 shares of the exchange traded fund’s stock worth $94,799,000 after purchasing an additional 144,700 shares during the last quarter. National Bank of Canada FI bought a new stake in iShares MSCI Japan ETF in the third quarter worth $50,155,000. Finally, Alliancebernstein L.P. lifted its stake in iShares MSCI Japan ETF by 0.6% in the third quarter. Alliancebernstein L.P. now owns 549,906 shares of the exchange traded fund’s stock worth $44,108,000 after purchasing an additional 3,183 shares during the last quarter. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Up 0.4%

iShares MSCI Japan ETF stock opened at $87.68 on Tuesday. The company has a market capitalization of $20.32 billion, a PE ratio of 14.63 and a beta of 0.67. The firm has a fifty day simple moving average of $87.11 and a two-hundred day simple moving average of $84.91. iShares MSCI Japan ETF has a twelve month low of $70.57 and a twelve month high of $94.28.

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). 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.