Penobscot Wealth Management Raises Stake in iShares MSCI Japan ETF (NYSEARCA:EWJ)

by · The Cerbat Gem

Penobscot Wealth Management raised its stake in iShares MSCI Japan ETF (NYSEARCA:EWJFree Report) by 12.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,225 shares of the exchange traded fund’s stock after buying an additional 2,704 shares during the quarter. iShares MSCI Japan ETF makes up approximately 1.0% of Penobscot Wealth Management’s investment portfolio, making the stock its 23rd largest position. Penobscot Wealth Management’s holdings in iShares MSCI Japan ETF were worth $1,805,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC lifted its stake in shares of iShares MSCI Japan ETF by 164.6% in the 1st 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 acquired a new position in shares of iShares MSCI Japan ETF in the 2nd quarter valued at $29,000. Whittier Trust Co. lifted its stake 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 purchasing an additional 353 shares during the last quarter. ORG Partners LLC acquired a new position in shares of iShares MSCI Japan ETF in the 2nd quarter valued at $40,000. Finally, Sachetta LLC acquired a new position in shares of iShares MSCI Japan ETF in the 2nd quarter valued at $62,000.

iShares MSCI Japan ETF Trading Down 0.5 %

EWJ opened at $68.07 on Friday. The stock’s 50-day moving average price is $70.31 and its 200 day moving average price is $68.99. iShares MSCI Japan ETF has a 12-month low of $58.54 and a 12-month high of $73.24. The firm has a market cap of $16.65 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73.

iShares MSCI Japan ETF Company Profile

(Free Report)

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).

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