Bank of Montreal Can Reduces Position in iShares MSCI Japan ETF $EWJ

Bank of Montreal Can trimmed its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 81.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,429,493 shares of the exchange traded fund’s stock after selling 6,307,944 shares during the period. Bank of Montreal Can owned 0.77% of iShares MSCI Japan ETF worth $114,660,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. raised its holdings in iShares MSCI Japan ETF by 6,195.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,959 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 2,912 shares during the last quarter. Schroder Investment Management Group increased its holdings in shares of iShares MSCI Japan ETF by 4.0% in the third quarter. Schroder Investment Management Group now owns 102,277 shares of the exchange traded fund’s stock valued at $8,234,000 after purchasing an additional 3,975 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of iShares MSCI Japan ETF by 0.5% in the third quarter. Private Advisor Group LLC now owns 29,930 shares of the exchange traded fund’s stock valued at $2,401,000 after purchasing an additional 157 shares during the last quarter. Parallel Advisors LLC lifted its position in iShares MSCI Japan ETF by 140.9% during the third quarter. Parallel Advisors LLC now owns 8,033 shares of the exchange traded fund’s stock worth $644,000 after buying an additional 4,698 shares in the last quarter. Finally, Planwiser Financial LLC purchased a new position in iShares MSCI Japan ETF during the third quarter worth approximately $1,295,000. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Performance

NYSEARCA EWJ opened at $85.73 on Thursday. The stock’s fifty day moving average is $87.40 and its two-hundred day moving average is $83.59. The firm has a market capitalization of $16.73 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week 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.