Segall Bryant & Hamill LLC Makes New $2.25 Million Investment in iShares MSCI Japan ETF $EWJ

Segall Bryant & Hamill LLC purchased a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 26,207 shares of the exchange traded fund’s stock, valued at approximately $2,247,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of iShares MSCI Japan ETF by 98.6% in the first quarter. Royal Bank of Canada now owns 5,048,553 shares of the exchange traded fund’s stock valued at $426,300,000 after acquiring an additional 2,506,472 shares during the period. First Command Advisory Services Inc. increased its holdings in iShares MSCI Japan ETF by 0.3% during the 4th quarter. First Command Advisory Services Inc. now owns 4,993,457 shares of the exchange traded fund’s stock worth $403,172,000 after acquiring an additional 13,894 shares during the period. TD Asset Management Inc increased its holdings in iShares MSCI Japan ETF by 0.4% during the 4th quarter. TD Asset Management Inc now owns 2,671,796 shares of the exchange traded fund’s stock worth $215,721,000 after acquiring an additional 11,881 shares during the period. The Manufacturers Life Insurance Company lifted its stake in iShares MSCI Japan ETF by 11.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 2,034,620 shares of the exchange traded fund’s stock worth $171,803,000 after purchasing an additional 203,875 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in iShares MSCI Japan ETF by 511.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock worth $147,814,000 after purchasing an additional 1,531,363 shares in the last quarter. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

Shares of NYSEARCA:EWJ opened at $94.61 on Wednesday. The firm has a fifty day moving average price of $92.86 and a two-hundred day moving average price of $89.74. iShares MSCI Japan ETF has a one year low of $74.79 and a one year high of $97.52. The company has a market cap of $22.41 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

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.