USA Financial Formulas Lowers Holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ)

USA Financial Formulas reduced its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 14.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,416 shares of the exchange traded fund’s stock after selling 412 shares during the quarter. USA Financial Formulas’ holdings in iShares MSCI Japan ETF were worth $162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares MSCI Japan ETF in the third quarter worth $30,000. Glass Jacobson Investment Advisors llc raised its stake in shares of iShares MSCI Japan ETF by 17.4% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,048 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 155 shares during the period. Armstrong Advisory Group Inc. purchased a new position in iShares MSCI Japan ETF during the fourth quarter valued at $72,000. WestEnd Advisors LLC lifted its stake in iShares MSCI Japan ETF by 19.8% in the 3rd quarter. WestEnd Advisors LLC now owns 2,427 shares of the exchange traded fund’s stock valued at $174,000 after buying an additional 401 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in iShares MSCI Japan ETF by 143.1% in the 3rd quarter. Harbor Investment Advisory LLC now owns 2,701 shares of the exchange traded fund’s stock worth $193,000 after buying an additional 1,590 shares during the last quarter.

iShares MSCI Japan ETF Price Performance

NYSEARCA EWJ opened at $65.85 on Friday. The stock’s 50 day simple moving average is $68.01 and its 200-day simple moving average is $69.04. The company has a market cap of $16.11 billion, a PE ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 1-year low of $60.62 and a 1-year 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).