OVERSEA CHINESE BANKING Corp Ltd Has $4.01 Million Stock Position in iShares Currency Hedged MSCI Japan ETF $HEWJ

OVERSEA CHINESE BANKING Corp Ltd grew its position in iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) by 0.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 89,530 shares of the company’s stock after acquiring an additional 228 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares Currency Hedged MSCI Japan ETF were worth $4,010,000 at the end of the most recent quarter.

Separately, SBI Securities Co. Ltd. boosted its stake in iShares Currency Hedged MSCI Japan ETF by 378.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 10,126 shares of the company’s stock worth $425,000 after purchasing an additional 8,009 shares during the period.

iShares Currency Hedged MSCI Japan ETF Price Performance

HEWJ opened at $52.50 on Monday. The business’s 50-day moving average price is $49.75 and its two-hundred day moving average price is $45.75. iShares Currency Hedged MSCI Japan ETF has a 1 year low of $35.81 and a 1 year high of $52.53. The company has a market capitalization of $480.38 million, a price-to-earnings ratio of 13.45 and a beta of 0.63.

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.