iShares MSCI Japan ETF (NYSEARCA:EWJ) Stock Holdings Lessened by Pinnacle Advisory Group Inc.

Pinnacle Advisory Group Inc. trimmed its stake in iShares MSCI Japan ETF (NYSEARCA:EWJ) by 0.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 525,458 shares of the exchange traded fund’s stock after selling 2,210 shares during the quarter. iShares MSCI Japan ETF accounts for 2.1% of Pinnacle Advisory Group Inc.’s portfolio, making the stock its 14th largest position. Pinnacle Advisory Group Inc. owned about 0.25% of iShares MSCI Japan ETF worth $29,814,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Meridian Wealth Management LLC bought a new position in iShares MSCI Japan ETF during the first quarter valued at approximately $29,000. Rehmann Capital Advisory Group grew its holdings in iShares MSCI Japan ETF by 5,158.7% during the first quarter. Rehmann Capital Advisory Group now owns 3,944 shares of the exchange traded fund’s stock valued at $216,000 after purchasing an additional 3,869 shares during the last quarter. Baystate Wealth Management LLC grew its holdings in iShares MSCI Japan ETF by 4.9% during the second quarter. Baystate Wealth Management LLC now owns 8,677 shares of the exchange traded fund’s stock valued at $480,000 after purchasing an additional 405 shares during the last quarter. Summit Financial Group Inc. acquired a new position in iShares MSCI Japan ETF during the second quarter valued at approximately $266,000. Finally, Carroll Financial Associates Inc. grew its holdings in iShares MSCI Japan ETF by 124.4% during the second quarter. Carroll Financial Associates Inc. now owns 938 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 520 shares during the last quarter.

EWJ stock traded down $0.05 during midday trading on Friday, hitting $57.43. 245,176 shares of the company traded hands, compared to its average volume of 7,376,738. iShares MSCI Japan ETF has a twelve month low of $48.99 and a twelve month high of $57.87. The business has a 50 day simple moving average of $56.09 and a 200-day simple moving average of $54.80.

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).

Further Reading: What is a resistance level?

Want to see what other hedge funds are holding EWJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Japan ETF (NYSEARCA:EWJ).

Institutional Ownership by Quarter for iShares MSCI Japan ETF (NYSEARCA:EWJ)

Receive News & Ratings for iShares MSCI Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter.