Stock Traders Purchase Large Volume of iShares MSCI Japan ETF Put Options (NYSEARCA:EWJ)

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

Hedge Funds Weigh In On iShares MSCI Japan ETF

A number of hedge funds have recently bought and sold shares of the company. Vinland Capital Management Gestora de Recursos LTDA. bought a new position in iShares MSCI Japan ETF in the fourth quarter worth about $25,000. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI Japan ETF in the 3rd quarter worth approximately $26,000. Game Plan Financial Advisors LLC bought a new stake in shares of iShares MSCI Japan ETF in the 4th quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new position in iShares MSCI Japan ETF during the 3rd quarter valued at approximately $26,000. Finally, Geneos Wealth Management Inc. bought a new position in iShares MSCI Japan ETF during the 4th quarter worth $29,000. 64.60% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Stock Performance

EWJ stock opened at $84.19 on Friday. The firm has a market cap of $16.43 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 stock has a 50-day simple moving average of $87.47 and a 200-day simple moving average of $83.60.

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.