Gateway Advisory LLC Purchases Shares of 178,982 iShares MSCI Japan ETF (NYSEARCA:EWJ)

Gateway Advisory LLC acquired a new position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 178,982 shares of the exchange traded fund’s stock, valued at approximately $12,214,000. iShares MSCI Japan ETF comprises about 2.1% of Gateway Advisory LLC’s holdings, making the stock its 12th largest position. Gateway Advisory LLC owned approximately 0.07% of iShares MSCI Japan ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its stake in iShares MSCI Japan ETF by 14.6% during the fourth quarter. Principal Financial Group Inc. now owns 44,383 shares of the exchange traded fund’s stock worth $2,847,000 after buying an additional 5,650 shares during the period. Commerce Bank purchased a new stake in iShares MSCI Japan ETF during the 4th quarter worth $309,000. Palisades Hudson Asset Management L.P. raised its position in iShares MSCI Japan ETF by 0.9% in the fourth quarter. Palisades Hudson Asset Management L.P. now owns 126,789 shares of the exchange traded fund’s stock valued at $8,132,000 after purchasing an additional 1,163 shares during the period. Steward Partners Investment Advisory LLC raised its position in iShares MSCI Japan ETF by 6.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,339 shares of the exchange traded fund’s stock valued at $471,000 after purchasing an additional 423 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of iShares MSCI Japan ETF by 2.7% in the fourth quarter. Stifel Financial Corp now owns 197,705 shares of the exchange traded fund’s stock worth $12,681,000 after buying an additional 5,263 shares during the period.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $71.70 on Tuesday. The stock has a 50-day simple moving average of $69.33 and a 200-day simple moving average of $69.05. The firm has a market cap of $17.54 billion, a P/E ratio of 13.63 and a beta of 0.73. iShares MSCI Japan ETF has a 1 year low of $57.20 and a 1 year high of $72.32.

About iShares MSCI Japan ETF

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).