iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd cut its holdings in shares of iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) by 21.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,157 shares of the company’s stock after selling 21,840 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd owned 0.92% of iShares Currency Hedged MSCI Japan ETF worth $3,502,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in HEWJ. SBI Securities Co. Ltd. purchased a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the 4th quarter valued at approximately $90,000. Rappaport Reiches Capital Management LLC grew its stake in shares of iShares Currency Hedged MSCI Japan ETF by 11.8% during the fourth quarter. Rappaport Reiches Capital Management LLC now owns 6,625 shares of the company’s stock worth $282,000 after purchasing an additional 699 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in iShares Currency Hedged MSCI Japan ETF by 69.1% in the fourth quarter. Jones Financial Companies Lllp now owns 40,609 shares of the company’s stock valued at $1,731,000 after buying an additional 16,596 shares during the last quarter.

iShares Currency Hedged MSCI Japan ETF Price Performance

Shares of NYSEARCA HEWJ opened at $43.50 on Thursday. The company has a market capitalization of $341.48 million, a price-to-earnings ratio of 14.80 and a beta of 0.62. The business has a 50-day moving average of $42.36 and a two-hundred day moving average of $42.00. iShares Currency Hedged MSCI Japan ETF has a 1 year low of $33.73 and a 1 year high of $45.62.

About iShares Currency Hedged MSCI Japan ETF

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.