iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 110,515 shares, a growth of 799.2% from the June 30th total of 12,290 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 59,787 shares, the short-interest ratio is presently 1.8 days.
Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. boosted its holdings in iShares Currency Hedged MSCI Japan ETF by 34.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 857 shares of the company’s stock valued at $45,000 after purchasing an additional 218 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of iShares Currency Hedged MSCI Japan ETF by 13.9% during the 1st quarter. Arkadios Wealth Advisors now owns 5,753 shares of the company’s stock valued at $324,000 after buying an additional 700 shares during the period. Ascentis Independent Advisors lifted its holdings in 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 valued at $767,000 after acquiring an additional 4,619 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in iShares Currency Hedged MSCI Japan ETF in the third quarter valued at approximately $379,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its position in iShares Currency Hedged MSCI Japan ETF by 52.3% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 172,172 shares of the company’s stock worth $9,094,000 after acquiring an additional 59,104 shares during the period.
iShares Currency Hedged MSCI Japan ETF Stock Up 0.3%
Shares of HEWJ traded up $0.20 during midday trading on Friday, reaching $63.34. The company had a trading volume of 7,968 shares, compared to its average volume of 148,369. iShares Currency Hedged MSCI Japan ETF has a 1-year low of $44.79 and a 1-year high of $66.92. The stock has a market cap of $728.41 million, a PE ratio of 13.45 and a beta of 0.48. The firm has a 50 day simple moving average of $63.26 and a 200-day simple moving average of $59.65.
iShares Currency Hedged MSCI Japan ETF Company Profile
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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