iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Hits New 1-Year High – Here’s What Happened

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $54.69 and last traded at $54.8260, with a volume of 14540 shares traded. The stock had previously closed at $54.21.

iShares Currency Hedged MSCI Japan ETF Trading Up 0.5%

The company has a 50 day moving average price of $52.89 and a 200 day moving average price of $48.68. The company has a market capitalization of $505.31 million, a P/E ratio of 13.45 and a beta of 0.49.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of iShares Currency Hedged MSCI Japan ETF by 0.3% in the second quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 89,530 shares of the company’s stock valued at $4,010,000 after buying an additional 228 shares in the last quarter. Murphy & Mullick Capital Management Corp increased its stake in iShares Currency Hedged MSCI Japan ETF by 43.6% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock worth $61,000 after acquiring an additional 358 shares during the period. Arkadios Wealth Advisors lifted its position in shares of iShares Currency Hedged MSCI Japan ETF by 10.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,935 shares of the company’s stock valued at $243,000 after acquiring an additional 453 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of iShares Currency Hedged MSCI Japan ETF during the 3rd quarter worth $379,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in iShares Currency Hedged MSCI Japan ETF during the third quarter worth about $5,570,000.

About iShares Currency Hedged MSCI Japan ETF

(Get Free Report)

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.

Further Reading

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