Granite Bay Wealth Management LLC Purchases 6,532 Shares of iShares MSCI Japan ETF $EWJ

Granite Bay Wealth Management LLC boosted its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 3.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 221,248 shares of the exchange traded fund’s stock after purchasing an additional 6,532 shares during the period. iShares MSCI Japan ETF comprises 4.0% of Granite Bay Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Granite Bay Wealth Management LLC owned approximately 0.09% of iShares MSCI Japan ETF worth $18,686,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of EWJ. Narus Financial Partners LLC boosted its position in iShares MSCI Japan ETF by 2.6% during the fourth quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 115 shares in the last quarter. Steel Grove Capital Advisors LLC increased its position in shares of iShares MSCI Japan ETF by 4.1% in the fourth quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock valued at $248,000 after buying an additional 120 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of iShares MSCI Japan ETF by 0.5% in the fourth quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock valued at $2,050,000 after buying an additional 128 shares in the last quarter. DAVENPORT & Co LLC raised its stake in shares of iShares MSCI Japan ETF by 4.7% during the 4th quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock worth $230,000 after buying an additional 129 shares during the last quarter. Finally, Freestone Capital Holdings LLC raised its stake in shares of iShares MSCI Japan ETF by 3.3% during the 4th quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 130 shares during the last quarter. 64.60% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Japan ETF Stock Up 1.1%

iShares MSCI Japan ETF stock opened at $94.55 on Friday. iShares MSCI Japan ETF has a 52 week low of $71.51 and a 52 week high of $97.52. The firm’s 50-day simple moving average is $92.65 and its 200 day simple moving average is $88.53. The firm has a market capitalization of $22.52 billion, a PE 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.