Bessemer Group Inc. Purchases 5,401,198 Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ)

Bessemer Group Inc. lifted its position in shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) by 23,935.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,423,764 shares of the exchange traded fund’s stock after purchasing an additional 5,401,198 shares during the period. Bessemer Group Inc. owned 2.54% of iShares MSCI Japan ETF worth $335,730,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in EWJ. Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI Japan ETF by 15.7% in the first quarter. Bank of New York Mellon Corp now owns 202,282 shares of the exchange traded fund’s stock valued at $12,462,000 after acquiring an additional 27,428 shares in the last quarter. Bank of Montreal Can increased its position in shares of iShares MSCI Japan ETF by 37.8% during the 1st quarter. Bank of Montreal Can now owns 92,661 shares of the exchange traded fund’s stock valued at $5,807,000 after purchasing an additional 25,415 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of iShares MSCI Japan ETF by 15.3% during the 1st quarter. Prudential Financial Inc. now owns 89,447 shares of the exchange traded fund’s stock worth $5,511,000 after purchasing an additional 11,850 shares during the period. Wit LLC purchased a new position in shares of iShares MSCI Japan ETF in the 1st quarter worth about $239,000. Finally, Founders Financial Securities LLC bought a new position in iShares MSCI Japan ETF during the first quarter valued at about $2,797,000.

iShares MSCI Japan ETF Stock Down 0.3 %

NYSEARCA EWJ traded down $0.21 during trading hours on Monday, reaching $62.14. 2,215,094 shares of the company were exchanged, compared to its average volume of 6,098,503. The stock has a market capitalization of $13.25 billion, a P/E ratio of 12.76 and a beta of 0.68. iShares MSCI Japan ETF has a 1 year low of $53.27 and a 1 year high of $64.11. The business’s 50 day simple moving average is $60.40 and its 200-day simple moving average is $61.07.

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).