Avalon Capital Management Makes New Investment in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Avalon Capital Management purchased a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,397 shares of the exchange traded fund’s stock, valued at approximately $966,000.

Other large investors have also bought and sold shares of the company. Merit Financial Group LLC increased its stake in iShares MSCI Japan ETF by 24.5% in the 4th quarter. Merit Financial Group LLC now owns 7,298 shares of the exchange traded fund’s stock worth $490,000 after purchasing an additional 1,435 shares during the period. Franklin Resources Inc. increased its stake in iShares MSCI Japan ETF by 22.5% in the 3rd quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock worth $4,644,000 after purchasing an additional 11,993 shares during the period. Janney Montgomery Scott LLC increased its stake in iShares MSCI Japan ETF by 52.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 33,849 shares of the exchange traded fund’s stock worth $2,271,000 after purchasing an additional 11,611 shares during the period. Kestra Private Wealth Services LLC increased its stake in iShares MSCI Japan ETF by 60.0% in the 4th quarter. Kestra Private Wealth Services LLC now owns 7,329 shares of the exchange traded fund’s stock worth $492,000 after purchasing an additional 2,747 shares during the period. Finally, Arizona PSPRS Trust purchased a new position in shares of iShares MSCI Japan ETF during the third quarter valued at approximately $4,807,000.

iShares MSCI Japan ETF Stock Performance

EWJ opened at $68.78 on Tuesday. iShares MSCI Japan ETF has a 52-week low of $60.62 and a 52-week high of $73.24. The stock has a market capitalization of $16.83 billion, a PE ratio of 13.63 and a beta of 0.73. The stock’s 50 day moving average price is $67.64 and its 200-day moving average price is $68.97.

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).