Portland Global Advisors LLC Has $10.35 Million Stake in iShares MSCI Japan ETF $EWJ

Portland Global Advisors LLC increased its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 28.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 138,081 shares of the exchange traded fund’s stock after purchasing an additional 30,814 shares during the quarter. iShares MSCI Japan ETF accounts for 1.2% of Portland Global Advisors LLC’s portfolio, making the stock its 25th biggest position. Portland Global Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $10,352,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of EWJ. US Bancorp DE raised its position in shares of iShares MSCI Japan ETF by 8.3% during the 1st quarter. US Bancorp DE now owns 37,163 shares of the exchange traded fund’s stock valued at $2,548,000 after acquiring an additional 2,853 shares during the last quarter. Blair William & Co. IL increased its holdings in iShares MSCI Japan ETF by 122.4% in the first quarter. Blair William & Co. IL now owns 66,699 shares of the exchange traded fund’s stock valued at $4,573,000 after purchasing an additional 36,702 shares during the last quarter. Wealthspire Advisors LLC bought a new stake in iShares MSCI Japan ETF in the first quarter valued at about $287,000. WealthShield Partners LLC acquired a new position in iShares MSCI Japan ETF in the first quarter valued at about $278,000. Finally, AlphaCore Capital LLC bought a new position in iShares MSCI Japan ETF during the first quarter worth about $41,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Trading Up 1.2%

iShares MSCI Japan ETF stock opened at $83.62 on Friday. The firm has a market capitalization of $15.58 billion, a P/E ratio of 14.63 and a beta of 0.68. The business has a 50-day moving average of $82.16 and a 200-day moving average of $78.10. iShares MSCI Japan ETF has a 1 year low of $59.84 and a 1 year high of $84.54.

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).