Money Design Co. Ltd. Sells 246,000 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

Money Design Co. Ltd. trimmed its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 29.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 594,188 shares of the exchange traded fund’s stock after selling 246,000 shares during the period. iShares MSCI Japan ETF accounts for 2.0% of Money Design Co. Ltd.’s portfolio, making the stock its 15th biggest position. Money Design Co. Ltd. owned approximately 0.24% of iShares MSCI Japan ETF worth $39,906,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new position in shares of iShares MSCI Japan ETF in the 3rd quarter worth about $30,000. Exchange Traded Concepts LLC grew its holdings in iShares MSCI Japan ETF by 66.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 178 shares during the period. City Holding Co. increased its stake in shares of iShares MSCI Japan ETF by 25.0% during the fourth quarter. City Holding Co. now owns 1,000 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 200 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $72,000. Finally, Finley Financial LLC bought a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $166,000.

iShares MSCI Japan ETF Stock Up 0.8 %

EWJ stock opened at $68.31 on Wednesday. The business has a 50 day moving average of $67.87 and a 200 day moving average of $68.89. The firm has a market cap of $16.71 billion, a PE ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a twelve month low of $60.62 and a twelve month 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).