JPMorgan Chase & Co. Has $86,000 Stock Position in iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ)

JPMorgan Chase & Co. reduced its stake in shares of iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) by 99.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,100 shares of the company’s stock after selling 331,805 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Currency Hedged MSCI Japan ETF were worth $86,000 as of its most recent SEC filing.

Separately, Rappaport Reiches Capital Management LLC increased its stake in shares of iShares Currency Hedged MSCI Japan ETF by 11.3% in the third quarter. Rappaport Reiches Capital Management LLC now owns 5,926 shares of the company’s stock worth $243,000 after purchasing an additional 600 shares during the period.

iShares Currency Hedged MSCI Japan ETF Stock Performance

iShares Currency Hedged MSCI Japan ETF stock opened at $42.41 on Tuesday. iShares Currency Hedged MSCI Japan ETF has a 52 week low of $33.73 and a 52 week high of $45.62. The firm has a market capitalization of $379.57 million, a PE ratio of 17.09 and a beta of 0.70. The business’s 50-day simple moving average is $42.52 and its 200-day simple moving average is $41.59.

iShares Currency Hedged MSCI Japan ETF Profile

The iShares Currency Hedged MSCI Japan ETF (HEWJ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar. HEWJ was launched on Jan 31, 2014 and is managed by BlackRock.