iShares MSCI Japan ETF (NYSEARCA:EWJ) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

iShares MSCI Japan ETF (NYSEARCA:EWJ) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $91.89 and traded as low as $88.23. iShares MSCI Japan ETF shares last traded at $88.26, with a volume of 10,391,318 shares traded.

iShares MSCI Japan ETF Stock Performance

The company has a 50 day simple moving average of $96.27 and a two-hundred day simple moving average of $91.89. The firm has a market cap of $22.23 billion, a PE ratio of 14.63 and a beta of 0.76.

Institutional Investors Weigh In On iShares MSCI Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of EWJ. Cidel Asset Management Inc. grew its position in shares of iShares MSCI Japan ETF by 0.9% in the third quarter. Cidel Asset Management Inc. now owns 14,166 shares of the exchange traded fund’s stock valued at $1,381,000 after purchasing an additional 126 shares during the period. Guidance Capital Inc. raised its position in shares of iShares MSCI Japan ETF by 0.8% during the 3rd quarter. Guidance Capital Inc. now owns 18,154 shares of the exchange traded fund’s stock worth $1,685,000 after purchasing an additional 139 shares during the last quarter. SteelPeak Wealth LLC raised its position in shares of iShares MSCI Japan ETF by 1.0% during the 1st quarter. SteelPeak Wealth LLC now owns 13,669 shares of the exchange traded fund’s stock worth $1,154,000 after purchasing an additional 142 shares during the last quarter. AlTi Global Inc. raised its position in shares of iShares MSCI Japan ETF by 0.4% during the 1st quarter. AlTi Global Inc. now owns 38,985 shares of the exchange traded fund’s stock worth $3,292,000 after purchasing an additional 153 shares during the last quarter. Finally, Lyell Wealth Management LP lifted its stake in iShares MSCI Japan ETF by 3.9% in the 3rd quarter. Lyell Wealth Management LP now owns 4,288 shares of the exchange traded fund’s stock valued at $418,000 after buying an additional 160 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

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.