iShares MSCI Japan ETF Sees Unusually Large Options Volume (NYSEARCA:EWJ)

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw unusually large options trading activity on Tuesday. Stock traders acquired 9,177 call options on the stock. This is an increase of approximately 53% compared to the average daily volume of 5,988 call options.

iShares MSCI Japan ETF Price Performance

Shares of iShares MSCI Japan ETF stock traded up $1.82 on Tuesday, hitting $93.11. 5,930,815 shares of the company’s stock traded hands, compared to its average volume of 8,529,607. iShares MSCI Japan ETF has a one year low of $59.84 and a one year high of $93.57. The company has a market capitalization of $18.17 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The company has a fifty day moving average of $83.73 and a two-hundred day moving average of $81.59.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Several hedge funds have recently added to or reduced their stakes in EWJ. LRI Investments LLC purchased a new position in shares of iShares MSCI Japan ETF in the 2nd quarter valued at approximately $26,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI Japan ETF in the third quarter valued at $26,000. Game Plan Financial Advisors LLC purchased a new position in iShares MSCI Japan ETF in the 4th quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new stake in iShares MSCI Japan ETF during the third quarter valued at approximately $26,000. Finally, Geneos Wealth Management Inc. acquired a new position in iShares MSCI Japan ETF in the fourth quarter valued at approximately $29,000. 64.60% of the stock is currently owned by institutional investors.

iShares MSCI Japan ETF Company Profile

iShares MSCI Japan ETF (the fund), formerly Ishares Msci Japan Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Japanese market, as measured by the MSCI Japan Index (the Index). The Index consists of stocks traded primarily on the Tokyo Stock Exchange. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.