iShares MSCI Japan ETF Sees Unusually High Options Volume (NYSEARCA:EWJ)

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw some unusual options trading activity on Tuesday. Stock traders purchased 45,545 call options on the company. This represents an increase of 464% compared to the typical daily volume of 8,079 call options.

Institutional Investors Weigh In On iShares MSCI Japan ETF

Several hedge funds have recently modified their holdings of the company. Narus Financial Partners LLC boosted its stake in shares of iShares MSCI Japan ETF by 2.6% during the 4th quarter. Narus Financial Partners LLC now owns 4,472 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 115 shares during the last quarter. Steel Grove Capital Advisors LLC boosted its stake in shares of iShares MSCI Japan ETF by 4.1% during the 4th quarter. Steel Grove Capital Advisors LLC now owns 3,070 shares of the exchange traded fund’s stock worth $248,000 after purchasing an additional 120 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of iShares MSCI Japan ETF by 0.5% during the 4th quarter. CoreCap Advisors LLC now owns 25,396 shares of the exchange traded fund’s stock worth $2,050,000 after purchasing an additional 128 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in shares of iShares MSCI Japan ETF by 4.7% during the 4th quarter. DAVENPORT & Co LLC now owns 2,849 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 129 shares during the last quarter. Finally, Freestone Capital Holdings LLC boosted its stake in shares of iShares MSCI Japan ETF by 3.3% during the 4th quarter. Freestone Capital Holdings LLC now owns 4,060 shares of the exchange traded fund’s stock worth $328,000 after purchasing an additional 130 shares during the last quarter. 64.60% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Japan ETF Trading Up 0.1%

Shares of iShares MSCI Japan ETF stock traded up $0.06 during mid-day trading on Tuesday, hitting $94.12. 4,819,176 shares of the stock were exchanged, compared to its average volume of 8,779,271. iShares MSCI Japan ETF has a twelve month low of $71.09 and a twelve month high of $94.87. The stock has a market capitalization of $22.07 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68. The company has a 50-day simple moving average of $90.35 and a 200 day simple moving average of $87.07.

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.