Ascent Capital Management LLC Makes New $224,000 Investment in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Ascent Capital Management LLC acquired a new stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,332 shares of the exchange traded fund’s stock, valued at approximately $224,000.

A number of other institutional investors have also recently made changes to their positions in the business. Wellington Shields Capital Management LLC purchased a new stake in iShares MSCI Japan ETF in the fourth quarter valued at about $123,000. Commonwealth Equity Services LLC raised its position in shares of iShares MSCI Japan ETF by 5.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 61,548 shares of the exchange traded fund’s stock valued at $4,130,000 after purchasing an additional 3,330 shares during the last quarter. Penobscot Wealth Management grew its position in iShares MSCI Japan ETF by 4.1% during the 4th quarter. Penobscot Wealth Management now owns 26,257 shares of the exchange traded fund’s stock worth $1,762,000 after purchasing an additional 1,032 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in iShares MSCI Japan ETF during the 4th quarter valued at approximately $37,000. Finally, Palisades Hudson Asset Management L.P. raised its holdings in shares of iShares MSCI Japan ETF by 1.6% in the fourth quarter. Palisades Hudson Asset Management L.P. now owns 123,069 shares of the exchange traded fund’s stock worth $8,258,000 after buying an additional 1,994 shares during the last quarter.

iShares MSCI Japan ETF Trading Up 1.6 %

NYSEARCA:EWJ opened at $70.35 on Friday. The firm has a fifty day simple moving average of $68.32 and a 200-day simple moving average of $68.97. iShares MSCI Japan ETF has a 12 month low of $60.62 and a 12 month high of $73.24. The company has a market capitalization of $13.84 billion, a P/E ratio of 14.35 and a beta of 0.65.

About iShares MSCI Japan ETF

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).