Strategic Financial Concepts LLC Purchases Shares of 21,584 iShares MSCI Japan ETF (NYSEARCA:EWJ)

Strategic Financial Concepts LLC purchased a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 21,584 shares of the exchange traded fund’s stock, valued at approximately $1,448,000.

Several other hedge funds also recently added to or reduced their stakes in EWJ. Merit Financial Group LLC raised its holdings 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 valued at $490,000 after acquiring an additional 1,435 shares during the last quarter. Franklin Resources Inc. raised its holdings 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 valued at $4,644,000 after acquiring an additional 11,993 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings 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 valued at $2,271,000 after acquiring an additional 11,611 shares during the last quarter. Sentry LLC raised its holdings in iShares MSCI Japan ETF by 4.0% in the 3rd quarter. Sentry LLC now owns 4,497 shares of the exchange traded fund’s stock valued at $322,000 after acquiring an additional 175 shares during the last quarter. Finally, Arizona PSPRS Trust purchased a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter valued at approximately $4,807,000.

iShares MSCI Japan ETF Price Performance

iShares MSCI Japan ETF stock opened at $68.75 on Tuesday. The firm has a 50 day simple moving average of $67.91 and a 200-day simple moving average of $68.78. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year high of $73.24. The stock has a market cap of $16.82 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73.

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).