iShares MSCI Japan ETF (NYSEARCA:EWJ) Hits New 12-Month High – Here’s What Happened

Shares of iShares MSCI Japan ETF (NYSEARCA:EWJ) reached a new 52-week high during trading on Monday . The company traded as high as $96.77 and last traded at $96.77, with a volume of 9512 shares trading hands. The stock had previously closed at $96.26.

iShares MSCI Japan ETF Price Performance

The firm has a market cap of $22.78 billion, a P/E ratio of 14.63 and a beta of 0.68. The company’s 50-day moving average is $91.05 and its two-hundred day moving average is $87.42.

Institutional Trading of iShares MSCI Japan ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Focus Partners Wealth lifted its stake in iShares MSCI Japan ETF by 39.0% during the first quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 2,869 shares during the last quarter. Marshall Wace LLP increased its stake in shares of iShares MSCI Japan ETF by 229.1% in the 2nd quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock valued at $2,886,000 after purchasing an additional 26,800 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of iShares MSCI Japan ETF by 33,504.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock worth $29,199,000 after buying an additional 388,318 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of iShares MSCI Japan ETF by 6.1% during the 2nd quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock worth $40,988,000 after buying an additional 31,344 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of iShares MSCI Japan ETF by 46.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock worth $21,318,000 after buying an additional 89,999 shares in the last quarter. Institutional investors own 64.60% of the company’s stock.

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). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.