Oarsman Capital Inc. Cuts Stock Holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Oarsman Capital Inc. cut its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 18.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,773 shares of the exchange traded fund’s stock after selling 861 shares during the quarter. Oarsman Capital Inc.’s holdings in iShares MSCI Japan ETF were worth $253,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC raised its position in shares of iShares MSCI Japan ETF by 66.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 445 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 178 shares during the period. EverSource Wealth Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF in the 4th quarter valued at about $37,000. Golden State Wealth Management LLC acquired a new position in iShares MSCI Japan ETF in the 4th quarter worth about $45,000. Centricity Wealth Management LLC purchased a new position in iShares MSCI Japan ETF during the fourth quarter worth approximately $65,000. Finally, City Holding Co. grew its holdings in iShares MSCI Japan ETF by 25.0% in the fourth quarter. City Holding Co. now owns 1,000 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 200 shares during the period.

iShares MSCI Japan ETF Price Performance

iShares MSCI Japan ETF stock opened at $61.51 on Friday. The stock has a market capitalization of $12.11 billion, a PE ratio of 13.99 and a beta of 0.65. The business has a 50 day simple moving average of $69.15 and a 200-day simple moving average of $68.88. iShares MSCI Japan ETF has a 12 month low of $60.62 and a 12 month high of $73.24.

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).