Aureus Asset Management LLC Invests $2.32 Million in iShares MSCI Japan ETF $EWJ

Aureus Asset Management LLC purchased a new stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the first quarter, Holdings Channel.com reports. The firm purchased 27,470 shares of the exchange traded fund’s stock, valued at approximately $2,320,000.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in iShares MSCI Japan ETF by 254.4% during the 4th quarter. Royal Bank of Canada now owns 2,542,081 shares of the exchange traded fund’s stock worth $205,247,000 after purchasing an additional 1,824,734 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of iShares MSCI Japan ETF by 2,279.0% in the first 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 during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of iShares MSCI Japan ETF by 511.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock worth $147,814,000 after buying an additional 1,531,363 shares during the last quarter. Quadrature Capital Ltd raised its stake in shares of iShares MSCI Japan ETF by 1,593.2% in the 4th quarter. Quadrature Capital Ltd now owns 992,110 shares of the exchange traded fund’s stock valued at $80,103,000 after purchasing an additional 933,517 shares in the last quarter. Finally, National Bank of Canada FI acquired a new position in iShares MSCI Japan ETF in the third quarter worth about $50,155,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Down 0.6%

Shares of iShares MSCI Japan ETF stock opened at $92.19 on Thursday. The business has a 50-day moving average price of $92.79 and a 200 day moving average price of $89.22. iShares MSCI Japan ETF has a fifty-two week low of $73.34 and a fifty-two week high of $97.52. The firm has a market cap of $21.97 billion, a P/E 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.