Independence Wealth Advisors LLC Sells 7,665 Shares of iShares MSCI Japan ETF $EWJ

Independence Wealth Advisors LLC decreased its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 38.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,391 shares of the exchange traded fund’s stock after selling 7,665 shares during the quarter. Independence Wealth Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $1,046,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Narus Financial Partners LLC raised its position in iShares MSCI Japan ETF by 2.6% in the fourth quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock valued at $361,000 after purchasing an additional 115 shares during the last quarter. Steel Grove Capital Advisors LLC grew its holdings in shares of iShares MSCI Japan ETF by 4.1% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock worth $248,000 after purchasing an additional 120 shares during the last quarter. CoreCap Advisors LLC increased its stake in shares of iShares MSCI Japan ETF by 0.5% in the fourth quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock valued at $2,050,000 after buying an additional 128 shares during the period. DAVENPORT & Co LLC increased its stake in shares of iShares MSCI Japan ETF by 4.7% in the fourth quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 129 shares during the period. Finally, Freestone Capital Holdings LLC raised its holdings in iShares MSCI Japan ETF by 3.3% in the 4th quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock valued at $328,000 after buying an additional 130 shares during the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

NYSEARCA:EWJ opened at $92.61 on Thursday. iShares MSCI Japan ETF has a one year low of $71.51 and a one year high of $97.52. The company has a market cap of $21.71 billion, a PE ratio of 14.63 and a beta of 0.68. The firm’s 50 day simple moving average is $91.41 and its 200 day simple moving average is $87.66.

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.