iShares MSCI Japan ETF (NYSEARCA:EWJ) Reaches New 52-Week High at $72.89

iShares MSCI Japan ETF (NYSEARCA:EWJ)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $72.89 and last traded at $72.89, with a volume of 6447 shares changing hands. The stock had previously closed at $70.95.

iShares MSCI Japan ETF Stock Up 2.5 %

The company has a market cap of $17.80 billion, a P/E ratio of 13.63 and a beta of 0.73. The business has a fifty day simple moving average of $69.30 and a two-hundred day simple moving average of $69.06.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Several institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC bought a new position in iShares MSCI Japan ETF in the second quarter worth approximately $5,984,000. SPX Gestao de Recursos Ltda purchased a new stake in iShares MSCI Japan ETF in the 2nd quarter worth $682,000. Granite Bay Wealth Management LLC raised its holdings in iShares MSCI Japan ETF by 55.9% during the second quarter. Granite Bay Wealth Management LLC now owns 145,811 shares of the exchange traded fund’s stock valued at $9,950,000 after acquiring an additional 52,282 shares during the period. Invst LLC lifted its position in shares of iShares MSCI Japan ETF by 16.9% in the second quarter. Invst LLC now owns 4,433 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 640 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of iShares MSCI Japan ETF by 8.6% in the second quarter. NewEdge Advisors LLC now owns 26,963 shares of the exchange traded fund’s stock worth $1,840,000 after acquiring an additional 2,128 shares during the period.

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).