Horizon Investments LLC Lowers Stock Holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Horizon Investments LLC lessened its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 15.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 681,323 shares of the exchange traded fund’s stock after selling 124,513 shares during the quarter. iShares MSCI Japan ETF comprises about 1.3% of Horizon Investments LLC’s portfolio, making the stock its 12th largest holding. Horizon Investments LLC’s holdings in iShares MSCI Japan ETF were worth $45,717,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. RPg Family Wealth Advisory LLC purchased a new position in iShares MSCI Japan ETF during the 3rd quarter worth $30,000. Exchange Traded Concepts LLC raised its holdings in iShares MSCI Japan ETF by 66.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 178 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in iShares MSCI Japan ETF in the fourth quarter valued at about $37,000. Golden State Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the fourth quarter valued at about $45,000. Finally, Centricity Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF in the 4th quarter valued at approximately $65,000.

iShares MSCI Japan ETF Trading Up 1.1 %

Shares of EWJ stock opened at $71.09 on Tuesday. The stock has a 50 day simple moving average of $68.39 and a 200-day simple moving average of $68.95. The company has a market cap of $13.99 billion, a price-to-earnings ratio of 14.35 and a beta of 0.65. iShares MSCI Japan ETF has a 12-month low of $60.62 and a 12-month high of $73.24.

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).