Truist Financial Corp Cuts Position in iShares MSCI Japan ETF (NYSEARCA:EWJ)

Truist Financial Corp lowered its stake in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 23.8% during the second quarter, Holdings Channel.com reports. The firm owned 208,718 shares of the exchange traded fund’s stock after selling 65,220 shares during the quarter. Truist Financial Corp’s holdings in iShares MSCI Japan ETF were worth $14,243,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of iShares MSCI Japan ETF by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 34,382,317 shares of the exchange traded fund’s stock worth $2,453,178,000 after purchasing an additional 1,529,202 shares in the last quarter. Granite Bay Wealth Management LLC increased its position in iShares MSCI Japan ETF by 8,308.4% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 7,864,311 shares of the exchange traded fund’s stock valued at $536,562,000 after buying an additional 7,770,782 shares in the last quarter. Bank of Montreal Can increased its position in iShares MSCI Japan ETF by 18.7% during the 2nd quarter. Bank of Montreal Can now owns 7,490,881 shares of the exchange traded fund’s stock valued at $513,500,000 after buying an additional 1,181,168 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares MSCI Japan ETF by 508.8% in the second quarter. Envestnet Asset Management Inc. now owns 6,692,020 shares of the exchange traded fund’s stock valued at $456,663,000 after buying an additional 5,592,738 shares during the last quarter. Finally, First Command Advisory Services Inc. boosted its holdings in iShares MSCI Japan ETF by 0.8% in the second quarter. First Command Advisory Services Inc. now owns 5,671,347 shares of the exchange traded fund’s stock worth $387,108,000 after acquiring an additional 42,690 shares in the last quarter.

iShares MSCI Japan ETF Stock Performance

Shares of EWJ stock opened at $71.88 on Friday. iShares MSCI Japan ETF has a fifty-two week low of $57.20 and a fifty-two week high of $73.24. The firm has a market capitalization of $17.59 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73. The stock’s 50-day simple moving average is $69.60 and its 200-day simple moving average is $69.16.

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).