iShares MSCI Japan ETF $EWJ Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. grew its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 42.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,623 shares of the exchange traded fund’s stock after buying an additional 17,047 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares MSCI Japan ETF were worth $4,866,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EWJ. Vinland Capital Management Gestora de Recursos LTDA. purchased a new position in shares of iShares MSCI Japan ETF in the 4th quarter valued at $25,000. JPL Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the 3rd quarter valued at $26,000. Darwin Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF in the 1st quarter valued at $29,000. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Japan ETF in the fourth quarter valued at about $29,000. Finally, Blue Trust Inc. purchased a new position in iShares MSCI Japan ETF in the fourth quarter valued at about $30,000. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Price Performance

Shares of EWJ opened at $89.83 on Wednesday. The stock’s 50-day moving average is $92.78 and its two-hundred day moving average is $89.46. The stock has a market cap of $21.29 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12 month low of $73.34 and a 12 month 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.