Barings LLC Increases Stake in iShares MSCI Japan ETF $EWJ

Barings LLC raised its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 89.5% in the first quarter, HoldingsChannel reports. The fund owned 335,770 shares of the exchange traded fund’s stock after purchasing an additional 158,622 shares during the period. iShares MSCI Japan ETF accounts for approximately 0.5% of Barings LLC’s investment portfolio, making the stock its 24th largest holding. Barings LLC’s holdings in iShares MSCI Japan ETF were worth $28,352,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of EWJ. South Shore Capital Advisors acquired a new position in shares of iShares MSCI Japan ETF in the fourth quarter worth about $1,067,000. Fifth Third Bancorp grew its position in shares of iShares MSCI Japan ETF by 612,227.5% during the 1st quarter. Fifth Third Bancorp now owns 244,931 shares of the exchange traded fund’s stock valued at $20,682,000 after acquiring an additional 244,891 shares during the period. Ascent Group LLC acquired a new stake in shares of iShares MSCI Japan ETF during the 4th quarter valued at about $2,515,000. Walkner Condon Financial Advisors LLC increased its stake in shares of iShares MSCI Japan ETF by 31.6% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 97,481 shares of the exchange traded fund’s stock valued at $7,871,000 after purchasing an additional 23,434 shares in the last quarter. Finally, Mutual Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF in the 4th quarter valued at about $685,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Down 1.7%

NYSEARCA EWJ opened at $91.91 on Friday. The stock has a market capitalization of $21.88 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a twelve month low of $71.71 and a twelve month high of $97.52. The stock has a 50-day moving average of $92.87 and a 200 day moving average of $88.92.

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). 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.