iShares MSCI Japan ETF $EWJ Shares Sold by Citigroup Inc.

Citigroup Inc. lessened its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 29.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 436,141 shares of the exchange traded fund’s stock after selling 181,064 shares during the quarter. Citigroup Inc. owned 0.23% of iShares MSCI Japan ETF worth $34,983,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of EWJ. JPMorgan Chase & Co. raised its position in iShares MSCI Japan ETF by 2.6% during the third quarter. JPMorgan Chase & Co. now owns 26,102,320 shares of the exchange traded fund’s stock valued at $2,093,667,000 after acquiring an additional 662,373 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of iShares MSCI Japan ETF by 60.6% during the 2nd quarter. Fisher Asset Management LLC now owns 2,677,275 shares of the exchange traded fund’s stock worth $200,715,000 after purchasing an additional 1,010,345 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI Japan ETF by 44.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,261,058 shares of the exchange traded fund’s stock valued at $94,540,000 after purchasing an additional 390,526 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of iShares MSCI Japan ETF by 57.6% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,037,186 shares of the exchange traded fund’s stock valued at $77,758,000 after purchasing an additional 378,947 shares during the period. Finally, Itau Unibanco Holding S.A. lifted its stake in shares of iShares MSCI Japan ETF by 0.5% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 787,562 shares of the exchange traded fund’s stock valued at $59,044,000 after purchasing an additional 4,252 shares during the period. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $91.23 on Wednesday. iShares MSCI Japan ETF has a one year low of $59.84 and a one year high of $94.28. The firm’s fifty day moving average is $85.73 and its 200 day moving average is $82.93. The firm has a market cap of $17.80 billion, a PE ratio of 14.63 and a beta of 0.68.

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.