EFG Asset Management Americas Corp. Reduces Stake in iShares MSCI Japan ETF (NYSEARCA:EWJ)

EFG Asset Management Americas Corp. trimmed its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 6.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,477 shares of the exchange traded fund’s stock after selling 4,884 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in iShares MSCI Japan ETF were worth $4,832,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of EWJ. Larson Financial Group LLC raised its position in shares of iShares MSCI Japan ETF by 195.2% in the first quarter. Larson Financial Group LLC now owns 372 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 246 shares during the period. Minot DeBlois Advisors LLC bought a new stake in shares of iShares MSCI Japan ETF in the fourth quarter valued at approximately $30,000. Wayfinding Financial LLC bought a new stake in shares of iShares MSCI Japan ETF in the first quarter valued at approximately $39,000. Lowe Wealth Advisors LLC bought a new stake in shares of iShares MSCI Japan ETF in the first quarter valued at approximately $44,000. Finally, BOKF NA bought a new stake in shares of iShares MSCI Japan ETF in the fourth quarter valued at approximately $47,000. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Up 0.1%

NYSEARCA EWJ opened at $73.98 on Thursday. The company’s 50 day moving average is $73.54 and its 200-day moving average is $70.55. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $76.93. The firm has a market cap of $15.30 billion, a P/E ratio of 14.63 and a beta of 0.68.

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).