Parallel Advisors LLC Purchases 5,817 Shares of iShares MSCI Japan ETF $EWJ

Parallel Advisors LLC grew its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 72.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,850 shares of the exchange traded fund’s stock after purchasing an additional 5,817 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI Japan ETF were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Narus Financial Partners LLC boosted its stake in shares of iShares MSCI Japan ETF by 2.6% in the 4th quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock valued at $361,000 after purchasing an additional 115 shares in the last quarter. Steel Grove Capital Advisors LLC boosted its stake in shares of iShares MSCI Japan ETF by 4.1% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 120 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of iShares MSCI Japan ETF by 0.5% in the 4th quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock valued at $2,050,000 after purchasing an additional 128 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in shares of iShares MSCI Japan ETF by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 129 shares in the last quarter. Finally, Freestone Capital Holdings LLC boosted its stake in shares of iShares MSCI Japan ETF by 3.3% in the 4th quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 130 shares in the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

EWJ opened at $90.72 on Monday. The company’s 50 day moving average is $89.36 and its 200-day moving average is $86.61. iShares MSCI Japan ETF has a 1-year low of $71.09 and a 1-year high of $94.28. The company has a market cap of $21.27 billion, a P/E 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.