iShares MSCI Japan ETF (NYSEARCA:EWJ) Stake Lessened by SOL Capital Management CO

SOL Capital Management CO lessened its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,370 shares of the exchange traded fund’s stock after selling 1,200 shares during the quarter. SOL Capital Management CO’s holdings in iShares MSCI Japan ETF were worth $629,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC increased its position in shares of iShares MSCI Japan ETF by 24.5% during the 4th quarter. Merit Financial Group LLC now owns 7,298 shares of the exchange traded fund’s stock valued at $490,000 after purchasing an additional 1,435 shares during the period. Franklin Resources Inc. grew its holdings in iShares MSCI Japan ETF by 22.5% during the third quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock worth $4,644,000 after acquiring an additional 11,993 shares during the period. Sentry LLC raised its position in iShares MSCI Japan ETF by 4.0% in the third quarter. Sentry LLC now owns 4,497 shares of the exchange traded fund’s stock worth $322,000 after acquiring an additional 175 shares in the last quarter. Arizona PSPRS Trust acquired a new stake in iShares MSCI Japan ETF in the 3rd quarter valued at about $4,807,000. Finally, Wellington Management Group LLP bought a new position in shares of iShares MSCI Japan ETF during the 3rd quarter valued at about $5,059,000.

iShares MSCI Japan ETF Price Performance

NYSEARCA EWJ opened at $68.31 on Friday. iShares MSCI Japan ETF has a 12 month low of $60.62 and a 12 month high of $73.24. The company has a market capitalization of $16.71 billion, a P/E ratio of 13.63 and a beta of 0.73. The company’s 50 day simple moving average is $67.93 and its 200 day simple moving average is $68.86.

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).