HighTower Advisors LLC Increases Position in iShares MSCI Japan ETF $EWJ

HighTower Advisors LLC grew its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 14.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 265,529 shares of the exchange traded fund’s stock after purchasing an additional 34,170 shares during the period. HighTower Advisors LLC owned approximately 0.14% of iShares MSCI Japan ETF worth $21,299,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Focus Partners Wealth raised its holdings in shares of iShares MSCI Japan ETF by 39.0% in the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock valued at $701,000 after buying an additional 2,869 shares during the period. Retirement Planning Group LLC acquired a new position in iShares MSCI Japan ETF in the 2nd quarter valued at about $324,000. AlTi Global Inc. increased its stake in iShares MSCI Japan ETF by 125.8% during the second quarter. AlTi Global Inc. now owns 41,360 shares of the exchange traded fund’s stock worth $3,077,000 after purchasing an additional 23,046 shares during the period. Ranch Capital Advisors Inc. acquired a new stake in shares of iShares MSCI Japan ETF during the second quarter worth about $214,000. Finally, Brian Low Financial Group LLC purchased a new position in shares of iShares MSCI Japan ETF in the second quarter valued at approximately $702,000. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Down 0.2%

Shares of EWJ opened at $91.20 on Friday. The company has a market cap of $17.80 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week high of $94.28. The firm’s 50 day moving average price is $85.24 and its 200 day moving average price is $82.52.

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). 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.