Envestnet Asset Management Inc. Purchases 5,592,738 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

Envestnet Asset Management Inc. grew its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 508.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,692,020 shares of the exchange traded fund’s stock after purchasing an additional 5,592,738 shares during the quarter. Envestnet Asset Management Inc. owned about 2.74% of iShares MSCI Japan ETF worth $456,663,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cherry Tree Wealth Management LLC raised its holdings in shares of iShares MSCI Japan ETF by 164.6% in the first quarter. Cherry Tree Wealth Management LLC now owns 381 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 237 shares during the last quarter. Crewe Advisors LLC purchased a new position in shares of iShares MSCI Japan ETF in the second quarter worth $29,000. Whittier Trust Co. raised its holdings in shares of iShares MSCI Japan ETF by 410.5% in the first quarter. Whittier Trust Co. now owns 439 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 353 shares during the last quarter. ORG Partners LLC purchased a new position in shares of iShares MSCI Japan ETF in the second quarter worth $40,000. Finally, Sachetta LLC purchased a new position in shares of iShares MSCI Japan ETF in the second quarter worth $62,000.

iShares MSCI Japan ETF Trading Down 0.5 %

NYSEARCA EWJ opened at $69.87 on Friday. The company has a fifty day simple moving average of $69.34 and a two-hundred day simple moving average of $69.03. The stock has a market cap of $17.09 billion, a P/E 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 $72.32.

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).