Orrstown Financial Services Inc. Sells 22,092 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

Orrstown Financial Services Inc. decreased its holdings in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 42.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,463 shares of the exchange traded fund’s stock after selling 22,092 shares during the quarter. iShares MSCI Japan ETF accounts for about 0.5% of Orrstown Financial Services Inc.’s portfolio, making the stock its 29th largest holding. Orrstown Financial Services Inc.’s holdings in iShares MSCI Japan ETF were worth $2,044,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Franklin Resources Inc. increased its holdings in iShares MSCI Japan ETF by 22.5% in the 3rd quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock valued at $4,644,000 after buying an additional 11,993 shares during the period. Merit Financial Group LLC raised its position in iShares MSCI Japan ETF by 24.5% during the fourth quarter. Merit Financial Group LLC now owns 7,298 shares of the exchange traded fund’s stock valued at $490,000 after purchasing an additional 1,435 shares in the last quarter. Sentry LLC lifted its stake in iShares MSCI Japan ETF by 4.0% during the third quarter. Sentry LLC now owns 4,497 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 175 shares during the last quarter. Arizona PSPRS Trust acquired a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter valued at $4,807,000. Finally, Wellington Management Group LLP acquired a new position in shares of iShares MSCI Japan ETF during the 3rd quarter worth $5,059,000.

iShares MSCI Japan ETF Trading Down 0.1 %

iShares MSCI Japan ETF stock traded down $0.04 during mid-day trading on Wednesday, reaching $68.27. The company had a trading volume of 257,100 shares, compared to its average volume of 3,388,325. iShares MSCI Japan ETF has a fifty-two week low of $60.62 and a fifty-two week high of $73.24. The business has a fifty day simple moving average of $67.87 and a 200 day simple moving average of $68.89. The company has a market cap of $16.70 billion, a P/E ratio of 13.63 and a beta of 0.73.

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).