iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Shares Up 0.2% – Here’s What Happened

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) rose 0.2% during mid-day trading on Monday . The stock traded as high as $62.68 and last traded at $62.25. Approximately 26,580 shares were traded during trading, a decline of 83% from the average daily volume of 152,201 shares. The stock had previously closed at $62.12.

iShares Currency Hedged MSCI Japan ETF Stock Performance

The business’s 50 day moving average is $63.08 and its 200-day moving average is $59.39. The firm has a market capitalization of $715.88 million, a price-to-earnings ratio of 13.45 and a beta of 0.48.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of iShares Currency Hedged MSCI Japan ETF by 138.2% in the fourth quarter. JPMorgan Chase & Co. now owns 369,431 shares of the company’s stock valued at $19,468,000 after purchasing an additional 214,312 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of iShares Currency Hedged MSCI Japan ETF by 52.3% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 172,172 shares of the company’s stock worth $9,094,000 after purchasing an additional 59,104 shares during the period. Williams Jones Wealth Management LLC. acquired a new position in shares of iShares Currency Hedged MSCI Japan ETF during the 4th quarter worth about $3,507,000. Ascentis Independent Advisors lifted its position in shares of iShares Currency Hedged MSCI Japan ETF by 51.3% during the 1st quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock worth $767,000 after purchasing an additional 4,619 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new stake in iShares Currency Hedged MSCI Japan ETF during the 3rd quarter valued at approximately $379,000.

About iShares Currency Hedged MSCI Japan ETF

The iShares Currency Hedged MSCI Japan ETF (HEWJ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar. HEWJ was launched on Jan 31, 2014 and is managed by BlackRock.