Cowa LLC Trims Stock Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Cowa LLC cut its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 9.4% in the 4th quarter, Holdings Channel reports. The fund owned 8,481 shares of the exchange traded fund’s stock after selling 881 shares during the quarter. Cowa LLC’s holdings in iShares MSCI Japan ETF were worth $569,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EWJ. RPg Family Wealth Advisory LLC acquired a new position in iShares MSCI Japan ETF during the 3rd quarter worth approximately $30,000. Exchange Traded Concepts LLC increased its position in iShares MSCI Japan ETF by 66.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 178 shares during the period. Golden State Wealth Management LLC acquired a new position in iShares MSCI Japan ETF during the 4th quarter worth approximately $45,000. Centricity Wealth Management LLC acquired a new position in iShares MSCI Japan ETF during the 4th quarter worth approximately $65,000. Finally, City Holding Co. increased its position in iShares MSCI Japan ETF by 25.0% during the 4th quarter. City Holding Co. now owns 1,000 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 200 shares during the period.

iShares MSCI Japan ETF Price Performance

EWJ opened at $69.09 on Friday. The stock has a market cap of $16.90 billion, a P/E ratio of 13.63 and a beta of 0.73. The stock’s 50 day simple moving average is $67.65 and its 200 day simple moving average is $68.87. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year high of $73.24.

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).