Parallel Advisors LLC Has $1.75 Million Stock Holdings in iShares MSCI Japan ETF $EWJ

Parallel Advisors LLC lifted its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 49.6% in the first quarter, Holdings Channel.com reports. The fund owned 20,720 shares of the exchange traded fund’s stock after acquiring an additional 6,870 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $1,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. South Shore Capital Advisors acquired a new stake in shares of iShares MSCI Japan ETF during the fourth quarter worth $1,067,000. Fifth Third Bancorp lifted its holdings in iShares MSCI Japan ETF by 612,227.5% in the first quarter. Fifth Third Bancorp now owns 244,931 shares of the exchange traded fund’s stock valued at $20,682,000 after buying an additional 244,891 shares during the period. Mutual Advisors LLC acquired a new position in iShares MSCI Japan ETF in the fourth quarter valued at $685,000. Ascent Group LLC bought a new stake in iShares MSCI Japan ETF during the fourth quarter valued at $2,515,000. Finally, Walkner Condon Financial Advisors LLC boosted its position in iShares MSCI Japan ETF by 31.6% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 97,481 shares of the exchange traded fund’s stock valued at $7,871,000 after acquiring an additional 23,434 shares during the last quarter. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Trading Up 2.6%

Shares of iShares MSCI Japan ETF stock opened at $92.74 on Wednesday. The business has a 50-day moving average price of $92.81 and a two-hundred day moving average price of $89.14. iShares MSCI Japan ETF has a 1-year low of $72.73 and a 1-year high of $97.52. The company has a market cap of $22.10 billion, a P/E 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.