iShares MSCI Japan ETF (NYSEARCA:EWJ) Stock Pass Below Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Japan ETF (NYSEARCA:EWJ)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $69.08 and traded as low as $66.81. iShares MSCI Japan ETF shares last traded at $67.28, with a volume of 3,699,897 shares trading hands.

iShares MSCI Japan ETF Trading Up 0.4 %

The stock’s 50 day moving average is $68.41 and its two-hundred day moving average is $69.10. The stock has a market capitalization of $16.46 billion, a price-to-earnings ratio of 13.63 and a beta of 0.73.

Hedge Funds Weigh In On iShares MSCI Japan ETF

Large investors have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. grew its stake in shares of iShares MSCI Japan ETF by 33.7% in the third quarter. B. Riley Wealth Advisors Inc. now owns 9,637 shares of the exchange traded fund’s stock valued at $687,000 after buying an additional 2,430 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of iShares MSCI Japan ETF by 22.5% during the 3rd quarter. Franklin Resources Inc. now owns 65,259 shares of the exchange traded fund’s stock worth $4,644,000 after acquiring an additional 11,993 shares during the period. Tidal Investments LLC acquired a new position in shares of iShares MSCI Japan ETF in the third quarter valued at $375,000. Wilmington Savings Fund Society FSB raised its position in shares of iShares MSCI Japan ETF by 49.0% in the third quarter. Wilmington Savings Fund Society FSB now owns 23,077 shares of the exchange traded fund’s stock valued at $1,651,000 after purchasing an additional 7,585 shares during the period. Finally, World Investment Advisors LLC acquired a new position in shares of iShares MSCI Japan ETF in the third quarter valued at approximately $920,000.

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).