Traders Buy High Volume of iShares MSCI Japan ETF Put Options (NYSEARCA:EWJ)

iShares MSCI Japan ETF (NYSEARCA:EWJ) was the target of unusually large options trading on Tuesday. Stock traders purchased 22,644 put options on the stock. This is an increase of approximately 176% compared to the typical volume of 8,210 put options.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI Japan ETF by 2.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 26,102,320 shares of the exchange traded fund’s stock valued at $2,093,667,000 after purchasing an additional 662,373 shares during the last quarter. First Command Advisory Services Inc. raised its stake in iShares MSCI Japan ETF by 0.3% in the 4th quarter. First Command Advisory Services Inc. now owns 4,993,457 shares of the exchange traded fund’s stock valued at $403,172,000 after purchasing an additional 13,894 shares during the last quarter. TD Asset Management Inc raised its stake in iShares MSCI Japan ETF by 0.4% in the 4th quarter. TD Asset Management Inc now owns 2,671,796 shares of the exchange traded fund’s stock valued at $215,721,000 after purchasing an additional 11,881 shares during the last quarter. Royal Bank of Canada raised its stake in iShares MSCI Japan ETF by 254.4% in the 4th quarter. Royal Bank of Canada now owns 2,542,081 shares of the exchange traded fund’s stock valued at $205,247,000 after purchasing an additional 1,824,734 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in iShares MSCI Japan ETF by 511.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,830,745 shares of the exchange traded fund’s stock valued at $147,814,000 after purchasing an additional 1,531,363 shares during the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Stock Up 4.6%

NYSEARCA:EWJ opened at $89.41 on Thursday. The company has a market capitalization of $19.69 billion, a PE ratio of 14.63 and a beta of 0.68. iShares MSCI Japan ETF has a 52-week low of $61.08 and a 52-week high of $94.28. The stock has a fifty day simple moving average of $87.46 and a 200-day simple moving average of $84.22.

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.