iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Sold by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC lowered its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 80.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 120,069 shares of the exchange traded fund’s stock after selling 503,016 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $8,057,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EWJ. Claro Advisors LLC raised its position in iShares MSCI Japan ETF by 32.1% during the fourth quarter. Claro Advisors LLC now owns 8,806 shares of the exchange traded fund’s stock valued at $591,000 after acquiring an additional 2,142 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of iShares MSCI Japan ETF during the 4th quarter valued at approximately $216,000. Innova Wealth Partners purchased a new position in shares of iShares MSCI Japan ETF during the 4th quarter valued at approximately $557,000. Boltwood Capital Management lifted its stake in shares of iShares MSCI Japan ETF by 32.6% in the 4th quarter. Boltwood Capital Management now owns 6,100 shares of the exchange traded fund’s stock valued at $409,000 after purchasing an additional 1,500 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in iShares MSCI Japan ETF by 33.7% during the third quarter. B. Riley Wealth Advisors Inc. now owns 9,637 shares of the exchange traded fund’s stock worth $687,000 after buying an additional 2,430 shares in the last quarter.

iShares MSCI Japan ETF Price Performance

EWJ stock traded up $0.18 during midday trading on Monday, hitting $65.42. 4,522,358 shares of the stock traded hands, compared to its average volume of 4,201,655. The stock’s fifty day simple moving average is $68.28 and its 200-day simple moving average is $69.12. The firm has a market cap of $16.01 billion, a P/E ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year high of $73.24.

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).