Cypress Capital Group Lowers Holdings in iShares MSCI Japan ETF $EWJ

Cypress Capital Group reduced its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 20.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,480 shares of the exchange traded fund’s stock after selling 12,650 shares during the period. Cypress Capital Group’s holdings in iShares MSCI Japan ETF were worth $3,889,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its holdings in iShares MSCI Japan ETF by 39.0% during the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 2,869 shares during the period. GAMMA Investing LLC acquired a new position in shares of iShares MSCI Japan ETF during the second quarter worth about $51,000. Capital Investment Advisors LLC increased its stake in shares of iShares MSCI Japan ETF by 11.9% during the second quarter. Capital Investment Advisors LLC now owns 3,568 shares of the exchange traded fund’s stock worth $267,000 after buying an additional 380 shares during the period. Trust Co. of Vermont purchased a new position in iShares MSCI Japan ETF in the second quarter worth approximately $30,000. Finally, USA Financial Formulas acquired a new position in iShares MSCI Japan ETF during the 2nd quarter worth approximately $148,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Up 1.0%

Shares of NYSEARCA:EWJ opened at $86.09 on Friday. iShares MSCI Japan ETF has a 52 week low of $59.84 and a 52 week high of $86.31. The company’s 50 day moving average is $83.02 and its two-hundred day moving average is $80.78. The company has a market cap of $16.89 billion, a PE ratio of 14.63 and a beta of 0.68.

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). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.