iShares MSCI Japan ETF (NYSEARCA:EWJ) Sets New 52-Week High – Should You Buy?

Shares of iShares MSCI Japan ETF (NYSEARCA:EWJGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $75.24 and last traded at $75.15, with a volume of 639788 shares trading hands. The stock had previously closed at $73.97.

iShares MSCI Japan ETF Price Performance

The company’s 50-day simple moving average is $72.60 and its 200 day simple moving average is $69.57. The firm has a market cap of $15.36 billion, a P/E ratio of 14.63 and a beta of 0.68.

Institutional Investors Weigh In On iShares MSCI Japan ETF

Several institutional investors have recently made changes to their positions in the company. Strs Ohio bought a new stake in shares of iShares MSCI Japan ETF in the 1st quarter worth about $35,041,000. Focus Partners Wealth lifted its holdings in shares of iShares MSCI Japan ETF by 39.0% in the 1st quarter. Focus Partners Wealth now owns 10,230 shares of the exchange traded fund’s stock worth $701,000 after acquiring an additional 2,869 shares during the last quarter. MBB Public Markets I LLC lifted its holdings in shares of iShares MSCI Japan ETF by 34.7% in the 1st quarter. MBB Public Markets I LLC now owns 384,482 shares of the exchange traded fund’s stock worth $26,360,000 after acquiring an additional 99,000 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its holdings in shares of iShares MSCI Japan ETF by 17.6% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 10,957 shares of the exchange traded fund’s stock worth $751,000 after acquiring an additional 1,638 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI Japan ETF by 384.1% in the 1st quarter. Jones Financial Companies Lllp now owns 100,543 shares of the exchange traded fund’s stock worth $6,893,000 after acquiring an additional 79,772 shares during the last quarter. Institutional investors own 64.60% of the company’s stock.

About iShares MSCI Japan ETF

(Get Free Report)

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).

Further Reading

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