ABC Arbitrage SA Purchases Shares of 34,192 iShares MSCI Japan ETF (NYSEARCA:EWJ)

ABC Arbitrage SA purchased a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 34,192 shares of the exchange traded fund’s stock, valued at approximately $2,294,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Merit Financial Group LLC raised its stake in shares of iShares MSCI Japan ETF by 24.5% during the fourth quarter. Merit Financial Group LLC now owns 7,298 shares of the exchange traded fund’s stock valued at $490,000 after purchasing an additional 1,435 shares during the period. Franklin Resources Inc. raised its stake in shares of iShares MSCI Japan ETF by 22.5% during the third quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock valued at $4,644,000 after purchasing an additional 11,993 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI Japan ETF by 52.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 33,849 shares of the exchange traded fund’s stock valued at $2,271,000 after purchasing an additional 11,611 shares during the period. Arizona PSPRS Trust purchased a new stake in shares of iShares MSCI Japan ETF during the third quarter valued at approximately $4,807,000. Finally, Wellington Management Group LLP purchased a new stake in shares of iShares MSCI Japan ETF during the third quarter valued at approximately $5,059,000.

iShares MSCI Japan ETF Stock Up 0.2 %

EWJ opened at $69.37 on Friday. The firm has a market capitalization of $16.97 billion, a P/E ratio of 13.63 and a beta of 0.73. The firm’s 50 day moving average is $67.72 and its 200-day moving average is $68.78. iShares MSCI Japan ETF has a 52-week low of $60.62 and a 52-week high of $73.24.

iShares MSCI Japan ETF Company 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).