Brown Miller Wealth Management LLC Makes New $362,000 Investment in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Brown Miller Wealth Management LLC bought a new position in iShares MSCI Japan ETF (NYSEARCA:EWJ) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,649 shares of the exchange traded fund’s stock, valued at approximately $362,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EWJ. Concourse Financial Group Securities Inc. increased its position in iShares MSCI Japan ETF by 425.4% during the third quarter. Concourse Financial Group Securities Inc. now owns 641 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 519 shares during the last quarter. Indiana Trust & Investment Management CO acquired a new stake in iShares MSCI Japan ETF during the third quarter valued at approximately $48,000. CVA Family Office LLC acquired a new stake in shares of iShares MSCI Japan ETF during the 4th quarter worth about $56,000. FNY Investment Advisers LLC bought a new position in iShares MSCI Japan ETF in the 4th quarter valued at $57,000. Finally, New Republic Capital LLC bought a new stake in shares of iShares MSCI Japan ETF during the second quarter valued at approximately $62,000.

iShares MSCI Japan ETF Trading Down 0.4 %

Shares of EWJ traded down $0.26 on Thursday, reaching $71.35. 11,293,007 shares of the company’s stock were exchanged, compared to its average volume of 8,848,922. The business has a 50 day moving average price of $68.54 and a two-hundred day moving average price of $64.18. The stock has a market capitalization of $15.22 billion, a P/E ratio of 12.76 and a beta of 0.68. iShares MSCI Japan ETF has a 12 month low of $57.20 and a 12 month high of $72.07.

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).