Ballentine Partners LLC Reduces Stock Holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Ballentine Partners LLC cut its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 8.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 135,034 shares of the exchange traded fund’s stock after selling 11,926 shares during the quarter. Ballentine Partners LLC owned about 0.06% of iShares MSCI Japan ETF worth $9,215,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC increased its holdings in shares of iShares MSCI Japan ETF by 164.6% during the first quarter. Cherry Tree Wealth Management LLC now owns 381 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 237 shares in the last quarter. Crewe Advisors LLC acquired a new position in iShares MSCI Japan ETF during the 2nd quarter valued at approximately $29,000. Whittier Trust Co. raised its holdings in shares of iShares MSCI Japan ETF by 410.5% in the first quarter. Whittier Trust Co. now owns 439 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 353 shares during the last quarter. ORG Partners LLC purchased a new position in shares of iShares MSCI Japan ETF in the second quarter worth $40,000. Finally, Larson Financial Group LLC lifted its stake in shares of iShares MSCI Japan ETF by 665.0% during the second quarter. Larson Financial Group LLC now owns 941 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 818 shares during the period.

iShares MSCI Japan ETF Stock Down 3.5 %

Shares of EWJ traded down $2.49 during trading hours on Friday, reaching $68.09. 11,533,396 shares of the company traded hands, compared to its average volume of 7,494,390. The stock has a market capitalization of $16.66 billion, a P/E ratio of 13.63 and a beta of 0.73. The business has a fifty day moving average price of $69.29 and a 200-day moving average price of $69.01. iShares MSCI Japan ETF has a 12-month low of $57.20 and a 12-month high of $72.32.

iShares MSCI Japan ETF 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).