iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Sees Large Volume Increase – Should You Buy?

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) shares saw unusually-high trading volume on Wednesday . 269,901 shares were traded during trading, an increase of 103% from the previous session’s volume of 132,645 shares.The stock last traded at $64.72 and had previously closed at $64.62.

iShares Currency Hedged MSCI Japan ETF Stock Up 0.5%

The stock has a market capitalization of $746.92 million, a PE ratio of 13.45 and a beta of 0.49. The stock’s 50-day moving average is $64.08 and its 200 day moving average is $61.12.

Institutional Trading of iShares Currency Hedged MSCI Japan ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. SBI Securities Co. Ltd. increased its position in iShares Currency Hedged MSCI Japan ETF by 34.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock worth $45,000 after purchasing an additional 218 shares during the last quarter. Compass Financial Management LLC acquired a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the 2nd quarter valued at about $96,000. Arkadios Wealth Advisors lifted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 13.9% during the 1st quarter. Arkadios Wealth Advisors now owns 5,753 shares of the company’s stock valued at $324,000 after buying an additional 700 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the 3rd quarter valued at approximately $379,000. Finally, Ascentis Independent Advisors grew its stake in shares of iShares Currency Hedged MSCI Japan ETF by 51.3% in the 1st quarter. Ascentis Independent Advisors now owns 13,628 shares of the company’s stock valued at $767,000 after buying an additional 4,619 shares in the last quarter.

iShares Currency Hedged MSCI Japan ETF Company Profile

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.