Institute for Wealth Management LLC. Has $804,000 Stake in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Institute for Wealth Management LLC. trimmed its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,640 shares of the exchange traded fund’s stock after selling 535 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares MSCI Japan ETF were worth $804,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EWJ. Verus Capital Partners LLC acquired a new stake in iShares MSCI Japan ETF during the 4th quarter worth approximately $30,000. Huntington National Bank grew its stake in shares of iShares MSCI Japan ETF by 258.2% in the 2nd quarter. Huntington National Bank now owns 806 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 581 shares in the last quarter. Eudaimonia Partners LLC bought a new position in iShares MSCI Japan ETF during the first quarter valued at about $49,000. Golden State Wealth Management LLC bought a new position in iShares MSCI Japan ETF during the first quarter valued at about $58,000. Finally, Jacobi Capital Management LLC grew its position in iShares MSCI Japan ETF by 679.6% during the second quarter. Jacobi Capital Management LLC now owns 8,887 shares of the exchange traded fund’s stock valued at $63,000 after buying an additional 7,747 shares during the period.

EWJ traded down $1.44 during trading on Friday, hitting $54.33. 8,576,891 shares of the company traded hands, compared to its average volume of 9,372,135. The stock’s fifty day moving average is $55.84 and its 200 day moving average is $54.12. iShares MSCI Japan ETF has a one year low of $41.61 and a one year high of $60.75.

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).

See Also: Using other technical indicators with support levels

Want to see what other hedge funds are holding EWJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Japan ETF (NYSEARCA:EWJ).

Institutional Ownership by Quarter for iShares MSCI Japan ETF (NYSEARCA:EWJ)

Receive News & Ratings for iShares MSCI Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter.