Cumberland Advisors Inc. cut its position in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 4.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,975 shares of the exchange traded fund’s stock after selling 5,115 shares during the quarter. iShares MSCI Japan ETF comprises 1.9% of Cumberland Advisors Inc.’s investment portfolio, making the stock its 16th biggest position. Cumberland Advisors Inc. owned about 0.06% of iShares MSCI Japan ETF worth $6,807,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of EWJ. Financial Gravity Wealth Inc. bought a new position in shares of iShares MSCI Japan ETF in the 2nd quarter worth $28,000. Meridian Wealth Management LLC bought a new position in shares of iShares MSCI Japan ETF in the 1st quarter worth $29,000. Lenox Wealth Advisors LLC bought a new position in shares of iShares MSCI Japan ETF in the 3rd quarter worth $33,000. Exane Derivatives increased its holdings in shares of iShares MSCI Japan ETF by 51.3% in the 2nd quarter. Exane Derivatives now owns 740 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 251 shares during the last quarter. Finally, CENTRAL TRUST Co bought a new position in shares of iShares MSCI Japan ETF in the 2nd quarter worth $49,000.
Shares of NYSEARCA:EWJ traded up $0.82 during trading on Friday, reaching $57.27. The company had a trading volume of 859,392 shares, compared to its average volume of 7,388,630. The company has a fifty day moving average of $55.51 and a two-hundred day moving average of $54.70. iShares MSCI Japan ETF has a 12 month low of $48.99 and a 12 month high of $57.72.
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).
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