Hsbc Holdings PLC Sells 2,431,078 Shares of iShares MSCI Japan ETF $EWJ

Hsbc Holdings PLC decreased its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 85.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 430,518 shares of the exchange traded fund’s stock after selling 2,431,078 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Japan ETF were worth $34,760,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. South Shore Capital Advisors bought a new position in iShares MSCI Japan ETF during the fourth quarter worth about $1,067,000. Blair William & Co. IL raised its position in shares of iShares MSCI Japan ETF by 66.9% in the 3rd quarter. Blair William & Co. IL now owns 52,686 shares of the exchange traded fund’s stock valued at $4,226,000 after acquiring an additional 21,124 shares during the period. Ascent Group LLC bought a new position in iShares MSCI Japan ETF during the 4th quarter worth approximately $2,515,000. Walkner Condon Financial Advisors LLC grew its holdings in iShares MSCI Japan ETF by 31.6% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 97,481 shares of the exchange traded fund’s stock valued at $7,871,000 after purchasing an additional 23,434 shares during the period. Finally, Mutual Advisors LLC acquired a new stake in iShares MSCI Japan ETF in the fourth quarter worth $685,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Down 1.5%

EWJ opened at $93.88 on Tuesday. The stock has a market cap of $22.36 billion, a P/E ratio of 14.63 and a beta of 0.68. The company has a fifty day simple moving average of $92.16 and a 200 day simple moving average of $88.21. iShares MSCI Japan ETF has a 12 month low of $71.51 and a 12 month high of $97.52.

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.