Angeles Wealth Management LLC Has $28.85 Million Stake in iShares MSCI Japan ETF $EWJ

Angeles Wealth Management LLC lifted its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 4.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 341,655 shares of the exchange traded fund’s stock after purchasing an additional 14,910 shares during the quarter. iShares MSCI Japan ETF accounts for 1.6% of Angeles Wealth Management LLC’s portfolio, making the stock its 14th largest position. Angeles Wealth Management LLC owned about 0.15% of iShares MSCI Japan ETF worth $28,849,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in EWJ. Bessemer Group Inc. lifted its position in iShares MSCI Japan ETF by 2,279.0% in the 1st quarter. Bessemer Group Inc. now owns 1,670,435 shares of the exchange traded fund’s stock worth $141,051,000 after buying an additional 1,600,219 shares in the last quarter. SteelPeak Wealth LLC boosted its stake in shares of iShares MSCI Japan ETF by 1.0% during the 1st quarter. SteelPeak Wealth LLC now owns 13,669 shares of the exchange traded fund’s stock valued at $1,154,000 after buying an additional 142 shares during the period. Independent Financial Group LLC acquired a new stake in shares of iShares MSCI Japan ETF during the 1st quarter valued at $316,000. Prosperity Consulting Group LLC grew its holdings in shares of iShares MSCI Japan ETF by 130.7% during the 1st quarter. Prosperity Consulting Group LLC now owns 44,102 shares of the exchange traded fund’s stock valued at $3,724,000 after acquiring an additional 24,985 shares in the last quarter. Finally, Frazier Financial Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF during the 1st quarter valued at $57,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Trading Down 1.7%

NYSEARCA EWJ opened at $91.91 on Friday. iShares MSCI Japan ETF has a 1-year low of $71.71 and a 1-year high of $97.52. The company has a market capitalization of $21.88 billion, a PE ratio of 14.63 and a beta of 0.68. The firm’s fifty day simple moving average is $92.87 and its 200-day simple moving average is $88.92.

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.