LPL Financial LLC Sells 503,558 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

LPL Financial LLC decreased its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 40.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 744,355 shares of the exchange traded fund’s stock after selling 503,558 shares during the quarter. LPL Financial LLC’s holdings in iShares MSCI Japan ETF were worth $49,946,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EWJ. Merit Financial Group LLC lifted its holdings in shares of iShares MSCI Japan ETF by 24.5% during the fourth quarter. Merit Financial Group LLC now owns 7,298 shares of the exchange traded fund’s stock worth $490,000 after purchasing an additional 1,435 shares during the period. Franklin Resources Inc. lifted its holdings in iShares MSCI Japan ETF by 22.5% during the 3rd quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock worth $4,644,000 after buying an additional 11,993 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares MSCI Japan ETF by 52.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 33,849 shares of the exchange traded fund’s stock valued at $2,271,000 after buying an additional 11,611 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in shares of iShares MSCI Japan ETF by 60.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 7,329 shares of the exchange traded fund’s stock valued at $492,000 after buying an additional 2,747 shares during the period. Finally, Arizona PSPRS Trust bought a new position in shares of iShares MSCI Japan ETF during the third quarter worth about $4,807,000.

iShares MSCI Japan ETF Price Performance

Shares of EWJ stock opened at $70.65 on Friday. The stock has a market capitalization of $13.90 billion, a PE ratio of 14.35 and a beta of 0.65. The business’s 50 day simple moving average is $69.19 and its 200 day simple moving average is $69.00. iShares MSCI Japan ETF has a one year low of $60.62 and a one year high of $73.24.

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).