Meridian Investment Counsel Inc. Sells 6,924 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

Meridian Investment Counsel Inc. reduced its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 61.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,318 shares of the exchange traded fund’s stock after selling 6,924 shares during the period. Meridian Investment Counsel Inc.’s holdings in iShares MSCI Japan ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. HM Payson & Co. increased its holdings in iShares MSCI Japan ETF by 3,584.9% in the first quarter. HM Payson & Co. now owns 3,906 shares of the exchange traded fund’s stock valued at $279,000 after purchasing an additional 3,800 shares during the period. Atria Wealth Solutions Inc. increased its stake in shares of iShares MSCI Japan ETF by 7.7% in the second quarter. Atria Wealth Solutions Inc. now owns 20,118 shares of the exchange traded fund’s stock valued at $1,373,000 after buying an additional 1,444 shares during the period. Cetera Investment Advisers raised its position in shares of iShares MSCI Japan ETF by 410.4% during the first quarter. Cetera Investment Advisers now owns 115,308 shares of the exchange traded fund’s stock worth $8,227,000 after acquiring an additional 92,716 shares during the last quarter. Seven Mile Advisory lifted its stake in shares of iShares MSCI Japan ETF by 8.7% in the second quarter. Seven Mile Advisory now owns 4,746 shares of the exchange traded fund’s stock worth $324,000 after acquiring an additional 381 shares during the period. Finally, Angeles Wealth Management LLC boosted its holdings in iShares MSCI Japan ETF by 5.5% in the second quarter. Angeles Wealth Management LLC now owns 242,861 shares of the exchange traded fund’s stock valued at $16,573,000 after acquiring an additional 12,586 shares during the last quarter.

iShares MSCI Japan ETF Stock Performance

iShares MSCI Japan ETF stock opened at $67.49 on Friday. The firm has a market cap of $16.51 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 52-week low of $60.62 and a 52-week high of $73.24. The firm has a 50 day moving average price of $69.74 and a two-hundred day moving average price of $69.10.

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).