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

Shares of iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) shot up 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 traded hands during mid-day trading, a decline of 83% from the average session volume of 152,201 shares. The stock had previously closed at $62.12.

iShares Currency Hedged MSCI Japan ETF Price Performance

The stock has a market capitalization of $715.88 million, a P/E ratio of 13.45 and a beta of 0.48. The stock’s fifty day moving average is $63.08 and its 200-day moving average is $59.39.

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in shares of iShares Currency Hedged MSCI Japan ETF by 138.2% during the 4th quarter. JPMorgan Chase & Co. now owns 369,431 shares of the company’s stock worth $19,468,000 after acquiring an additional 214,312 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in iShares Currency Hedged MSCI Japan ETF by 52.3% in the 4th 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 last quarter. Williams Jones Wealth Management LLC. acquired a new stake in iShares Currency Hedged MSCI Japan ETF in the 4th quarter worth approximately $3,507,000. Ascentis Independent Advisors boosted its position in iShares Currency Hedged MSCI Japan ETF by 51.3% during the first 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 period. Finally, BNP Paribas Financial Markets bought a new stake in iShares Currency Hedged MSCI Japan ETF during the third quarter worth 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.