iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $62.09 and last traded at $62.04, with a volume of 24094 shares trading hands. The stock had previously closed at $61.28.
iShares Currency Hedged MSCI Japan ETF Stock Down 0.9%
The business’s 50-day simple moving average is $58.09 and its 200 day simple moving average is $56.21. The firm has a market capitalization of $779.78 million, a P/E ratio of 13.45 and a beta of 0.47.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of HEWJ. JPMorgan Chase & Co. grew its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 138.2% in the fourth quarter. JPMorgan Chase & Co. now owns 369,431 shares of the company’s stock worth $19,468,000 after purchasing an additional 214,312 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth approximately $5,570,000. Williams Jones Wealth Management LLC. bought a new position in shares of iShares Currency Hedged MSCI Japan ETF in the fourth quarter worth approximately $3,507,000. BNP Paribas Financial Markets bought a new position in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth approximately $379,000. Finally, Ascentis Independent Advisors grew its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 51.3% in 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 last quarter.
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.
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