Investors Purchase Large Volume of Put Options on iShares MSCI Japan ETF (NYSEARCA:EWJ)

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the target of unusually large options trading activity on Thursday. Stock investors acquired 18,955 put options on the company. This represents an increase of 152% compared to the average daily volume of 7,536 put options.

iShares MSCI Japan ETF Price Performance

NYSEARCA:EWJ traded down $0.83 during midday trading on Friday, reaching $83.36. The stock had a trading volume of 9,981,424 shares, compared to its average volume of 10,752,932. The stock has a market capitalization of $16.27 billion, a P/E ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 1-year low of $59.84 and a 1-year high of $94.28. The firm’s fifty day simple moving average is $87.51 and its 200-day simple moving average is $83.63.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Large investors have recently made changes to their positions in the business. Vinland Capital Management Gestora de Recursos LTDA. acquired a new position in shares of iShares MSCI Japan ETF during the fourth quarter worth approximately $25,000. Game Plan Financial Advisors LLC bought a new position in iShares MSCI Japan ETF during the fourth quarter worth $26,000. JPL Wealth Management LLC acquired a new position in iShares MSCI Japan ETF during the 3rd quarter valued at $26,000. Hantz Financial Services Inc. acquired a new position in iShares MSCI Japan ETF during the 3rd quarter valued at $26,000. Finally, Geneos Wealth Management Inc. bought a new stake in iShares MSCI Japan ETF in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 64.60% of the company’s stock.

About iShares MSCI Japan ETF

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.