iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Sold by Kayne Anderson Rudnick Investment Management LLC

Kayne Anderson Rudnick Investment Management LLC lowered its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 3.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 16,297 shares of the exchange traded fund’s stock after selling 539 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares MSCI Japan ETF were worth $1,109,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in EWJ. Cherry Tree Wealth Management LLC boosted its stake in 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 valued at $27,000 after acquiring an additional 237 shares in the last quarter. Crewe Advisors LLC acquired a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter valued at about $29,000. Whittier Trust Co. increased its position in iShares MSCI Japan ETF by 410.5% during 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 period. ORG Partners LLC purchased a new stake in iShares MSCI Japan ETF in the second quarter valued at approximately $40,000. Finally, Sachetta LLC acquired a new stake in shares of iShares MSCI Japan ETF in the second quarter valued at approximately $62,000.

iShares MSCI Japan ETF Price Performance

Shares of iShares MSCI Japan ETF stock opened at $71.70 on Tuesday. The stock has a market capitalization of $17.54 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73. The firm’s fifty day simple moving average is $69.33 and its 200-day simple moving average is $69.05. iShares MSCI Japan ETF has a 12 month low of $57.20 and a 12 month high of $72.32.

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).