iShares MSCI Japan ETF Sees Unusually High Options Volume (NYSEARCA:EWJ)

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the target of unusually large options trading activity on Tuesday. Traders acquired 45,545 call options on the company. This is an increase of 464% compared to the typical daily volume of 8,079 call options.

iShares MSCI Japan ETF Trading Up 0.1%

Shares of NYSEARCA:EWJ traded up $0.06 on Tuesday, reaching $94.12. 4,819,176 shares of the company were exchanged, compared to its average volume of 8,779,271. iShares MSCI Japan ETF has a 1-year low of $71.09 and a 1-year high of $94.87. The firm has a market cap of $22.07 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The company has a 50-day moving average of $90.35 and a 200-day moving average of $87.07.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in shares of iShares MSCI Japan ETF during the 4th quarter worth $25,000. Western Wealth Management LLC acquired a new position in shares of iShares MSCI Japan ETF during the 1st quarter worth $27,000. Game Plan Financial Advisors LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth about $26,000. JPL Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter worth about $26,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares MSCI Japan ETF in the 1st quarter worth about $29,000. 64.60% of the stock is owned by institutional investors and hedge funds.

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.