iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Shares Up 1.6% – Time to Buy?

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) traded up 1.6% during trading on Thursday . The company traded as high as $42.87 and last traded at $42.85. 58,062 shares traded hands during trading, a decline of 54% from the average session volume of 126,787 shares. The stock had previously closed at $42.16.

iShares Currency Hedged MSCI Japan ETF Trading Up 1.6 %

The firm’s fifty day moving average price is $42.22 and its two-hundred day moving average price is $41.77. The stock has a market capitalization of $383.51 million, a PE ratio of 17.09 and a beta of 0.70.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Currency Hedged MSCI Japan ETF stock. Rappaport Reiches Capital Management LLC increased its holdings in shares of iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) by 11.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,926 shares of the company’s stock after acquiring an additional 600 shares during the period. Rappaport Reiches Capital Management LLC owned approximately 0.07% of iShares Currency Hedged MSCI Japan ETF worth $243,000 as of its most recent SEC filing.

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.