iShares MSCI Japan ETF $EWJ Shares Sold by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC decreased its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 64.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,643 shares of the exchange traded fund’s stock after selling 11,865 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in iShares MSCI Japan ETF were worth $561,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in EWJ. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in shares of iShares MSCI Japan ETF in the 4th quarter worth $25,000. Western Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the first quarter worth approximately $27,000. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI Japan ETF during the third quarter worth approximately $26,000. Darwin Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF during the first quarter valued at $29,000. Finally, Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Japan ETF during the fourth quarter valued at $29,000. 64.60% of the stock is currently owned by institutional investors.

iShares MSCI Japan ETF Stock Down 1.0%

NYSEARCA EWJ opened at $92.39 on Friday. iShares MSCI Japan ETF has a 12-month low of $73.34 and a 12-month high of $97.52. The company has a 50 day moving average price of $92.80 and a two-hundred day moving average price of $89.58. The stock has a market capitalization of $21.84 billion, a PE ratio of 14.63 and a beta of 0.68.

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.