JPMorgan Chase & Co. Reduces Position in iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ)

JPMorgan Chase & Co. reduced its holdings in iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) by 99.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

Separately, Rappaport Reiches Capital Management LLC boosted its position in iShares Currency Hedged MSCI Japan ETF by 11.3% during 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 in the last quarter.

iShares Currency Hedged MSCI Japan ETF Stock Performance

HEWJ opened at $42.41 on Tuesday. iShares Currency Hedged MSCI Japan ETF has a one year low of $33.73 and a one year high of $45.62. The business’s fifty day moving average is $42.52 and its two-hundred day moving average is $41.59. The company has a market cap of $379.57 million, a price-to-earnings ratio of 17.09 and a beta of 0.70.

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.