Royal Bank of Canada Grows Stake in iShares MSCI Japan Value ETF $EWJV

Royal Bank of Canada raised its holdings in shares of iShares MSCI Japan Value ETF (NASDAQ:EWJV) by 98.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,472 shares of the company’s stock after purchasing an additional 12,637 shares during the period. Royal Bank of Canada owned 0.15% of iShares MSCI Japan Value ETF worth $1,087,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC boosted its position in shares of iShares MSCI Japan Value ETF by 121.5% in the 1st quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock worth $5,318,000 after purchasing an additional 87,663 shares in the last quarter. Focus Partners Wealth acquired a new position in iShares MSCI Japan Value ETF during the 1st quarter valued at about $600,000. Raymond James Financial Inc. acquired a new position in iShares MSCI Japan Value ETF during the 2nd quarter valued at about $162,000. Bank of America Corp DE raised its stake in iShares MSCI Japan Value ETF by 115.6% in the second quarter. Bank of America Corp DE now owns 802,802 shares of the company’s stock valued at $27,897,000 after buying an additional 430,398 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in iShares MSCI Japan Value ETF by 0.6% in the third quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock valued at $3,054,000 after buying an additional 473 shares during the last quarter.

iShares MSCI Japan Value ETF Stock Performance

Shares of NASDAQ EWJV opened at $47.29 on Friday. The company has a market cap of $733.00 million, a PE ratio of 10.93 and a beta of 0.47. The business has a 50-day simple moving average of $46.00 and a two-hundred day simple moving average of $44.79. iShares MSCI Japan Value ETF has a fifty-two week low of $37.41 and a fifty-two week high of $48.36.

iShares MSCI Japan Value ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.4831 dividend. The ex-dividend date of this dividend was Monday, June 15th.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.