Flow Traders U.S. LLC Trims Stake in iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ)

Flow Traders U.S. LLC cut its position in shares of iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) by 50.8% in the third quarter, Holdings Channel.com reports. The firm owned 14,994 shares of the company’s stock after selling 15,461 shares during the quarter. Flow Traders U.S. LLC’s holdings in iShares Currency Hedged MSCI Japan ETF were worth $616,000 at the end of the most recent quarter.

Separately, Rappaport Reiches Capital Management LLC raised its position in iShares Currency Hedged MSCI Japan ETF by 11.3% in the 3rd 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 Price Performance

Shares of NYSEARCA:HEWJ opened at $43.06 on Wednesday. The firm has a market capitalization of $385.39 million, a PE ratio of 17.09 and a beta of 0.70. The business has a 50 day simple moving average of $41.93 and a two-hundred day simple moving average of $41.72. iShares Currency Hedged MSCI Japan ETF has a 1 year low of $33.73 and a 1 year high of $45.62.

iShares Currency Hedged MSCI Japan ETF Company 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.