First Horizon Advisors Inc. Reduces Stock Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

First Horizon Advisors Inc. reduced its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 52.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,516 shares of the exchange traded fund’s stock after selling 3,893 shares during the period. First Horizon Advisors Inc.’s holdings in iShares MSCI Japan ETF were worth $236,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Orrstown Financial Services Inc. bought a new position in shares of iShares MSCI Japan ETF in the 3rd quarter worth $3,760,000. MBA Advisors LLC grew its position in iShares MSCI Japan ETF by 19.6% in the third quarter. MBA Advisors LLC now owns 3,636 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 597 shares in the last quarter. WestEnd Advisors LLC increased its stake in iShares MSCI Japan ETF by 19.8% in the third quarter. WestEnd Advisors LLC now owns 2,427 shares of the exchange traded fund’s stock valued at $174,000 after acquiring an additional 401 shares during the last quarter. SteelPeak Wealth LLC bought a new position in iShares MSCI Japan ETF in the third quarter valued at $1,046,000. Finally, Forte Asset Management LLC raised its position in iShares MSCI Japan ETF by 0.9% during the third quarter. Forte Asset Management LLC now owns 22,764 shares of the exchange traded fund’s stock valued at $1,629,000 after purchasing an additional 213 shares in the last quarter.

iShares MSCI Japan ETF Price Performance

NYSEARCA:EWJ opened at $69.47 on Wednesday. The company has a market capitalization of $13.92 billion, a price-to-earnings ratio of 15.43 and a beta of 0.67. The business has a 50 day moving average of $67.68 and a 200 day moving average of $68.99. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year 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).