iShares MSCI Japan ETF (NYSEARCA:EWJ) Sets New 1-Year High – Here’s What Happened

iShares MSCI Japan ETF (NYSEARCA:EWJ)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $94.87 and last traded at $94.80, with a volume of 506043 shares traded. The stock had previously closed at $94.06.

iShares MSCI Japan ETF Stock Performance

The business has a fifty day moving average of $90.35 and a 200-day moving average of $87.07. The company has a market capitalization of $22.23 billion, a P/E ratio of 14.63 and a beta of 0.68.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Focus Partners Wealth lifted its position in iShares MSCI Japan ETF by 39.0% in the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock valued at $701,000 after acquiring an additional 2,869 shares in the last quarter. Marshall Wace LLP increased its holdings in iShares MSCI Japan ETF by 229.1% during the 2nd quarter. Marshall Wace LLP now owns 38,500 shares of the exchange traded fund’s stock worth $2,886,000 after purchasing an additional 26,800 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of iShares MSCI Japan ETF by 33,504.6% in the second quarter. Qube Research & Technologies Ltd now owns 389,477 shares of the exchange traded fund’s stock worth $29,199,000 after purchasing an additional 388,318 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of iShares MSCI Japan ETF by 6.1% in the second quarter. Alliancebernstein L.P. now owns 546,723 shares of the exchange traded fund’s stock worth $40,988,000 after purchasing an additional 31,344 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of iShares MSCI Japan ETF by 46.3% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 284,355 shares of the exchange traded fund’s stock valued at $21,318,000 after purchasing an additional 89,999 shares in the last quarter. 64.60% of the stock is owned by institutional investors.

iShares MSCI Japan ETF Company 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). 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.