3EDGE Asset Management LP Makes New $1.07 Million Investment in iShares MSCI Japan ETF $EWJ

3EDGE Asset Management LP purchased a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,307 shares of the exchange traded fund’s stock, valued at approximately $1,067,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LRI Investments LLC bought a new stake in iShares MSCI Japan ETF in the second quarter valued at about $26,000. Trust Co. of Vermont acquired a new stake in iShares MSCI Japan ETF during the second quarter valued at approximately $30,000. Morgan Dempsey Capital Management LLC bought a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at approximately $36,000. Front Row Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF in the 2nd quarter worth approximately $44,000. Finally, GAMMA Investing LLC bought a new position in shares of iShares MSCI Japan ETF during the 2nd quarter worth approximately $51,000. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Price Performance

Shares of EWJ stock opened at $84.86 on Friday. The stock’s fifty day simple moving average is $82.64 and its 200 day simple moving average is $80.35. iShares MSCI Japan ETF has a one year low of $59.84 and a one year high of $86.00. The firm has a market cap of $16.89 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

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.