Principal Financial Group Inc. Decreases Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Principal Financial Group Inc. reduced its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 28.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,675 shares of the exchange traded fund’s stock after selling 10,400 shares during the period. Principal Financial Group Inc.’s holdings in iShares MSCI Japan ETF were worth $1,837,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in EWJ. Granite Bay Wealth Management LLC boosted its stake in iShares MSCI Japan ETF by 8,308.4% during the second quarter. Granite Bay Wealth Management LLC now owns 7,864,311 shares of the exchange traded fund’s stock worth $536,562,000 after buying an additional 7,770,782 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares MSCI Japan ETF by 508.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,692,020 shares of the exchange traded fund’s stock valued at $456,663,000 after acquiring an additional 5,592,738 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of iShares MSCI Japan ETF by 18.7% in the second quarter. Bank of Montreal Can now owns 7,490,881 shares of the exchange traded fund’s stock valued at $513,500,000 after purchasing an additional 1,181,168 shares during the period. Jane Street Group LLC grew its holdings in shares of iShares MSCI Japan ETF by 9,387.2% in the first quarter. Jane Street Group LLC now owns 821,498 shares of the exchange traded fund’s stock valued at $58,614,000 after purchasing an additional 812,839 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in iShares MSCI Japan ETF by 64.6% during the second quarter. The Manufacturers Life Insurance Company now owns 1,272,225 shares of the exchange traded fund’s stock worth $86,817,000 after purchasing an additional 499,193 shares during the last quarter.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $67.95 on Friday. iShares MSCI Japan ETF has a one year low of $60.62 and a one year high of $73.24. The firm has a market cap of $16.62 billion, a PE ratio of 13.63 and a beta of 0.73. The firm’s 50 day moving average price is $69.58 and its 200-day moving average price is $69.07.

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).