iShares MSCI Japan ETF (NYSEARCA:EWJ) Stake Cut by Principal Financial Group Inc.

Principal Financial Group Inc. cut its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 40.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,414 shares of the exchange traded fund’s stock after selling 17,969 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares MSCI Japan ETF were worth $1,885,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new stake in iShares MSCI Japan ETF in the fourth quarter valued at $39,000. Capital Investment Advisory Services LLC lifted its stake in iShares MSCI Japan ETF by 1,500.0% in the fourth quarter. Capital Investment Advisory Services LLC now owns 704 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 660 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in iShares MSCI Japan ETF by 199.2% in the fourth quarter. Harbor Investment Advisory LLC now owns 751 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 500 shares during the last quarter. LFA Lugano Financial Advisors SA lifted its stake in iShares MSCI Japan ETF by 216.5% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 826 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 565 shares during the last quarter. Finally, CVA Family Office LLC bought a new stake in iShares MSCI Japan ETF in the fourth quarter valued at $56,000.

iShares MSCI Japan ETF Price Performance

Shares of NYSEARCA EWJ traded up $0.40 during midday trading on Friday, reaching $69.89. 2,143,564 shares of the company traded hands, compared to its average volume of 7,371,455. iShares MSCI Japan ETF has a 52 week low of $57.20 and a 52 week high of $72.07. The stock has a 50-day moving average price of $68.14 and a 200 day moving average price of $67.71. The company has a market cap of $17.10 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73.

iShares MSCI Japan ETF Company 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).