Silphium Asset Management Ltd Makes New $3.03 Million Investment in iShares MSCI Japan ETF $EWJ

Silphium Asset Management Ltd acquired a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 37,800 shares of the exchange traded fund’s stock, valued at approximately $3,032,000. iShares MSCI Japan ETF makes up about 0.9% of Silphium Asset Management Ltd’s portfolio, making the stock its 29th largest position.

A number of other hedge funds have also made changes to their positions in the stock. Focus Partners Wealth lifted its position in iShares MSCI Japan ETF by 39.0% in the first quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 2,869 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of iShares MSCI Japan ETF by 196.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 62,550 shares of the exchange traded fund’s stock worth $4,689,000 after buying an additional 41,446 shares in the last quarter. Clarius Group LLC acquired a new stake in shares of iShares MSCI Japan ETF in the second quarter valued at $688,000. Roundview Capital LLC boosted its stake in iShares MSCI Japan ETF by 72.1% during the second quarter. Roundview Capital LLC now owns 28,215 shares of the exchange traded fund’s stock valued at $2,115,000 after buying an additional 11,822 shares in the last quarter. Finally, Sax Wealth Advisors LLC bought a new position in iShares MSCI Japan ETF during the second quarter valued at about $238,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 0.2%

Shares of iShares MSCI Japan ETF stock opened at $85.89 on Tuesday. The company’s 50-day moving average price is $83.19 and its two-hundred day moving average price is $81.09. iShares MSCI Japan ETF has a 52 week low of $59.84 and a 52 week high of $86.31. The stock has a market cap of $16.85 billion, a PE ratio of 14.63 and a beta of 0.68.

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). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.