Tepp RIA LLC Acquires New Stake in iShares MSCI Japan ETF $EWJ

Tepp RIA LLC acquired a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 39,287 shares of the exchange traded fund’s stock, valued at approximately $3,317,000. iShares MSCI Japan ETF makes up about 2.6% of Tepp RIA LLC’s investment portfolio, making the stock its 9th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vinland Capital Management Gestora de Recursos LTDA. purchased a new position in shares of iShares MSCI Japan ETF in the fourth quarter worth about $25,000. JPL Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF during the 3rd quarter valued at about $26,000. Game Plan Financial Advisors LLC acquired a new stake in iShares MSCI Japan ETF in the 4th quarter valued at about $26,000. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Japan ETF in the 4th quarter valued at about $29,000. Finally, Blue Trust Inc. purchased a new position in iShares MSCI Japan ETF in the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Price Performance

Shares of iShares MSCI Japan ETF stock opened at $92.80 on Monday. The stock has a market cap of $21.76 billion, a P/E ratio of 14.63 and a beta of 0.68. The stock’s 50 day simple moving average is $91.56 and its 200-day simple moving average is $87.79. iShares MSCI Japan ETF has a 1-year low of $71.51 and a 1-year high of $97.52.

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.