Okabena Investment Services Inc. Invests $300,000 in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Okabena Investment Services Inc. purchased a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,200 shares of the exchange traded fund’s stock, valued at approximately $300,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EWJ. HM Payson & Co. raised its holdings in iShares MSCI Japan ETF by 3,584.9% in the first quarter. HM Payson & Co. now owns 3,906 shares of the exchange traded fund’s stock worth $279,000 after purchasing an additional 3,800 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in iShares MSCI Japan ETF by 7.7% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 20,118 shares of the exchange traded fund’s stock valued at $1,373,000 after acquiring an additional 1,444 shares during the period. Cetera Investment Advisers boosted its stake in iShares MSCI Japan ETF by 410.4% during the first quarter. Cetera Investment Advisers now owns 115,308 shares of the exchange traded fund’s stock worth $8,227,000 after acquiring an additional 92,716 shares in the last quarter. Seven Mile Advisory grew its holdings in iShares MSCI Japan ETF by 8.7% in the second quarter. Seven Mile Advisory now owns 4,746 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 381 shares during the period. Finally, Angeles Wealth Management LLC increased its stake in shares of iShares MSCI Japan ETF by 5.5% during the second quarter. Angeles Wealth Management LLC now owns 242,861 shares of the exchange traded fund’s stock valued at $16,573,000 after purchasing an additional 12,586 shares in the last quarter.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $67.95 on Friday. The firm has a market capitalization of $16.62 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73. The firm has a 50 day moving average price of $69.55 and a 200-day moving average price of $69.06. iShares MSCI Japan ETF has a 52-week low of $60.62 and a 52-week high of $73.24.

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).