MGB Wealth Management LLC Has $246,000 Stock Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

MGB Wealth Management LLC reduced its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 8.1% during the third quarter, Holdings Channel.com reports. The fund owned 3,433 shares of the exchange traded fund’s stock after selling 301 shares during the period. MGB Wealth Management LLC’s holdings in iShares MSCI Japan ETF were worth $246,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Okabena Investment Services Inc. acquired a new position in shares of iShares MSCI Japan ETF in the third quarter worth approximately $300,000. Cerity Partners LLC lifted its stake in iShares MSCI Japan ETF by 3.2% in the third quarter. Cerity Partners LLC now owns 31,444 shares of the exchange traded fund’s stock valued at $2,249,000 after buying an additional 971 shares during the period. Biltmore Family Office LLC acquired a new position in iShares MSCI Japan ETF in the third quarter valued at approximately $204,000. SSI Investment Management LLC acquired a new position in iShares MSCI Japan ETF in the third quarter valued at approximately $1,230,000. Finally, Cypress Capital Group lifted its stake in iShares MSCI Japan ETF by 1.6% in the third quarter. Cypress Capital Group now owns 90,684 shares of the exchange traded fund’s stock valued at $6,488,000 after buying an additional 1,429 shares during the period.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ opened at $67.95 on Friday. iShares MSCI Japan ETF has a 52-week low of $60.62 and a 52-week high of $73.24. The business’s 50 day moving average price is $69.55 and its two-hundred day moving average price is $69.06. The firm has a market cap of $16.62 billion, a PE ratio of 13.63 and a beta of 0.73.

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).