Central Pacific Bank Trust Division Trims Stake in iShares MSCI Japan ETF $EWJ

Central Pacific Bank Trust Division decreased its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 30.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 22,080 shares of the exchange traded fund’s stock after selling 9,725 shares during the quarter. Central Pacific Bank Trust Division’s holdings in iShares MSCI Japan ETF were worth $1,783,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EWJ. Fisher Asset Management LLC boosted its holdings in shares of iShares MSCI Japan ETF by 60.6% during the 2nd quarter. Fisher Asset Management LLC now owns 2,677,275 shares of the exchange traded fund’s stock valued at $200,715,000 after buying an additional 1,010,345 shares in the last quarter. Johns Hopkins University bought a new position in shares of iShares MSCI Japan ETF in the 2nd quarter worth about $57,761,000. JPMorgan Chase & Co. lifted its position in iShares MSCI Japan ETF by 2.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,102,320 shares of the exchange traded fund’s stock valued at $2,093,667,000 after acquiring an additional 662,373 shares during the period. National Bank of Canada FI purchased a new position in iShares MSCI Japan ETF during the 3rd quarter valued at about $50,155,000. Finally, Victory Capital Management Inc. bought a new stake in iShares MSCI Japan ETF during the third quarter worth about $32,411,000. Hedge funds and other institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ opened at $81.20 on Friday. The stock has a market cap of $15.85 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a fifty-two week low of $59.84 and a fifty-two week high of $94.28. The firm’s 50-day simple moving average is $87.57 and its two-hundred day simple moving average is $83.81.

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.