Foundations Investment Advisors LLC Makes New $8.60 Million Investment in iShares MSCI Japan ETF $EWJ

Foundations Investment Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 106,569 shares of the exchange traded fund’s stock, valued at approximately $8,604,000. Foundations Investment Advisors LLC owned 0.05% of iShares MSCI Japan ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in EWJ. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Japan ETF by 2.6% during the third quarter. JPMorgan Chase & Co. now owns 26,102,320 shares of the exchange traded fund’s stock worth $2,093,667,000 after buying an additional 662,373 shares during the period. National Bank of Canada FI purchased a new stake in shares of iShares MSCI Japan ETF during the third quarter worth approximately $50,155,000. Victory Capital Management Inc. purchased a new stake in shares of iShares MSCI Japan ETF during the third quarter worth approximately $32,411,000. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI Japan ETF by 44.9% during the second quarter. Ameriprise Financial Inc. now owns 1,261,058 shares of the exchange traded fund’s stock worth $94,540,000 after buying an additional 390,526 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in shares of iShares MSCI Japan ETF by 33,504.6% during the second quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock worth $29,199,000 after buying an additional 388,318 shares during the period. 64.60% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $92.70 on Friday. The company’s 50 day moving average price is $88.22 and its 200 day moving average price is $86.21. iShares MSCI Japan ETF has a fifty-two week low of $71.09 and a fifty-two week high of $94.28. The firm has a market capitalization of $21.73 billion, a price-to-earnings 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.