Element Pointe Advisors LLC Boosts Stock Holdings in iShares MSCI Japan ETF $EWJ

by · The Cerbat Gem

Element Pointe Advisors LLC boosted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJFree Report) by 15.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,135 shares of the exchange traded fund’s stock after purchasing an additional 17,834 shares during the period. iShares MSCI Japan ETF comprises 2.3% of Element Pointe Advisors LLC’s holdings, making the stock its 10th largest position. Element Pointe Advisors LLC owned approximately 0.07% of iShares MSCI Japan ETF worth $10,839,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI Japan ETF during the third quarter worth about $26,000. MMA Asset Management LLC bought a new stake in iShares MSCI Japan ETF in the 3rd quarter valued at approximately $36,000. Front Row Advisors LLC acquired a new position in iShares MSCI Japan ETF during the 2nd quarter worth approximately $44,000. Assetmark Inc. boosted its position in iShares MSCI Japan ETF by 90.7% during the 3rd quarter. Assetmark Inc. now owns 797 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 379 shares during the last quarter. Finally, Allianz SE grew its stake in shares of iShares MSCI Japan ETF by 262.0% during the 2nd quarter. Allianz SE now owns 1,010 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 731 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Up 2.0%

NYSEARCA EWJ opened at $88.59 on Thursday. The firm’s 50 day moving average is $86.93 and its 200-day moving average is $83.38. The company has a market capitalization of $17.29 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 12-month low of $59.84 and a 12-month high of $94.28.

iShares MSCI Japan ETF 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). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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