CIBC Asset Management Inc Sells 14,005 Shares of iShares MSCI Japan ETF $EWJ

CIBC Asset Management Inc decreased its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 58.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 10,124 shares of the exchange traded fund’s stock after selling 14,005 shares during the quarter. CIBC Asset Management Inc’s holdings in iShares MSCI Japan ETF were worth $817,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Greenwich Wealth Management LLC increased its holdings in shares of iShares MSCI Japan ETF by 0.9% during the 4th quarter. Greenwich Wealth Management LLC now owns 16,561 shares of the exchange traded fund’s stock worth $1,337,000 after purchasing an additional 142 shares during the period. Clear Harbor Asset Management LLC increased its holdings in shares of iShares MSCI Japan ETF by 107.2% during the 4th quarter. Clear Harbor Asset Management LLC now owns 5,315 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 2,750 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in shares of iShares MSCI Japan ETF by 39.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 10,700 shares of the exchange traded fund’s stock worth $864,000 after purchasing an additional 3,000 shares during the period. Founders Financial Securities LLC increased its holdings in shares of iShares MSCI Japan ETF by 2.1% during the 4th quarter. Founders Financial Securities LLC now owns 23,274 shares of the exchange traded fund’s stock worth $1,879,000 after purchasing an additional 489 shares during the period. Finally, Belvedere Trading LLC bought a new position in shares of iShares MSCI Japan ETF during the 4th quarter worth about $261,000. Institutional investors own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Performance

NYSEARCA:EWJ opened at $91.95 on Tuesday. The firm’s 50-day moving average is $89.55 and its 200-day moving average is $86.69. iShares MSCI Japan ETF has a 52-week low of $71.09 and a 52-week high of $94.28. The company has a market cap of $21.56 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

About iShares MSCI Japan ETF

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.