iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Sold by Cumberland Advisors Inc.

Cumberland Advisors Inc. cut its holdings in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 2.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,587 shares of the exchange traded fund’s stock after selling 840 shares during the period. iShares MSCI Japan ETF makes up approximately 0.9% of Cumberland Advisors Inc.’s holdings, making the stock its 23rd biggest position. Cumberland Advisors Inc.’s holdings in iShares MSCI Japan ETF were worth $2,331,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC lifted its stake in iShares MSCI Japan ETF by 164.6% during the first quarter. Cherry Tree Wealth Management LLC now owns 381 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 237 shares during the last quarter. Crewe Advisors LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at approximately $29,000. Whittier Trust Co. lifted its position in shares of iShares MSCI Japan ETF by 410.5% in the 1st quarter. Whittier Trust Co. now owns 439 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 353 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at approximately $40,000. Finally, Sachetta LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at approximately $62,000.

iShares MSCI Japan ETF Stock Performance

Shares of NYSEARCA:EWJ traded down $0.14 during mid-day trading on Thursday, hitting $69.99. The stock had a trading volume of 1,801,698 shares, compared to its average volume of 7,066,116. The company has a market cap of $17.12 billion, a PE ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 12-month low of $57.20 and a 12-month high of $73.24. The company’s 50 day moving average is $70.17 and its 200-day moving average is $69.10.

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).