iShares MSCI Japan ETF Target of Unusually High Options Trading (NYSEARCA:EWJ)

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

Hedge Funds Weigh In On iShares MSCI Japan ETF

Several hedge funds have recently made changes to their positions in EWJ. G&S Capital LLC bought a new stake in shares of iShares MSCI Japan ETF in the 2nd quarter worth approximately $203,000. Barry Investment Advisors LLC boosted its holdings in iShares MSCI Japan ETF by 0.5% during the second quarter. Barry Investment Advisors LLC now owns 203,927 shares of the exchange traded fund’s stock worth $19,020,000 after buying an additional 1,075 shares in the last quarter. Breakwater Capital Group grew its position in iShares MSCI Japan ETF by 13.2% in the second quarter. Breakwater Capital Group now owns 22,225 shares of the exchange traded fund’s stock worth $2,073,000 after buying an additional 2,584 shares during the last quarter. Polianta Ltd grew its position in iShares MSCI Japan ETF by 2.5% in the second quarter. Polianta Ltd now owns 184,900 shares of the exchange traded fund’s stock worth $17,245,000 after buying an additional 4,500 shares during the last quarter. Finally, Chesley Taft & Associates LLC increased its holdings in shares of iShares MSCI Japan ETF by 3.1% in the second quarter. Chesley Taft & Associates LLC now owns 28,062 shares of the exchange traded fund’s stock valued at $2,617,000 after buying an additional 850 shares in the last quarter. Institutional investors and hedge funds own 64.60% of the company’s stock.

iShares MSCI Japan ETF Trading Down 1.6%

NYSEARCA:EWJ traded down $1.45 during mid-day trading on Friday, reaching $90.46. 2,210,570 shares of the stock were exchanged, compared to its average volume of 8,227,490. The business has a fifty day moving average price of $92.87 and a 200 day moving average price of $88.92. iShares MSCI Japan ETF has a 1-year low of $71.71 and a 1-year high of $97.52. The firm has a market capitalization of $21.53 billion, a PE ratio of 14.63 and a beta of 0.68.

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.