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

iShares MSCI Japan ETF (NYSEARCA:EWJ) saw some unusual options trading on Friday. Investors bought 32,229 put options on the company. This represents an increase of approximately 350% compared to the average daily volume of 7,169 put options.

iShares MSCI Japan ETF Stock Down 1.5%

Shares of EWJ stock opened at $90.49 on Friday. The stock has a fifty day moving average of $92.83 and a 200 day moving average of $88.94. iShares MSCI Japan ETF has a 52 week low of $71.71 and a 52 week high of $97.52. The firm has a market capitalization of $21.57 billion, a price-to-earnings ratio of 14.63 and a beta of 0.68.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vinland Capital Management Gestora de Recursos LTDA. bought a new stake in shares of iShares MSCI Japan ETF during the 4th quarter valued at about $25,000. Game Plan Financial Advisors LLC bought a new position in iShares MSCI Japan ETF in the fourth quarter worth about $26,000. JPL Wealth Management LLC bought a new position in iShares MSCI Japan ETF in the third quarter worth about $26,000. Western Wealth Management LLC purchased a new stake in iShares MSCI Japan ETF in the first quarter worth about $27,000. Finally, Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Japan ETF in the fourth quarter worth about $29,000. 64.60% of the stock is currently owned by institutional investors.

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.