Pekin Hardy Strauss Inc. Buys New Position in iShares MSCI Japan ETF $EWJ

Pekin Hardy Strauss Inc. purchased a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 38,401 shares of the exchange traded fund’s stock, valued at approximately $3,743,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Western Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan ETF during the 1st quarter valued at $27,000. Darwin Wealth Management LLC bought a new stake in shares of iShares MSCI Japan ETF during the 1st quarter worth $29,000. GK Wealth Management LLC purchased a new position in iShares MSCI Japan ETF in the third quarter worth $33,000. Go Invest LLC purchased a new position in iShares MSCI Japan ETF in the third quarter worth $43,000. Finally, Arlington Trust Co LLC grew its position in iShares MSCI Japan ETF by 61.0% in the second quarter. Arlington Trust Co LLC now owns 483 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 183 shares in the last quarter. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 6.0%

EWJ opened at $88.26 on Friday. The stock has a market cap of $22.23 billion, a PE ratio of 14.63 and a beta of 0.76. iShares MSCI Japan ETF has a 52 week low of $79.47 and a 52 week high of $99.98. The business’s fifty day simple moving average is $96.27 and its 200 day simple moving average is $91.89.

iShares MSCI Japan ETF 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.