Individual stocks appear to present higher and relatively stronger returns than iShares MSCI Japan Index ETF (NYSEARCA:EWJ)


Dallas, Texas 08/01/2013 (Financialstrend) – There had been reports from the research analysts stating that it would be better for the investors to choose individual stocks in the Japanese markets instead of trading through the exchange traded funds tracking the broader market indices, as the economic conditions in Japan warrant such an action. It had been reported that individual stocks appear to present higher and relatively stronger returns compared to the returns presented by ETFs such as iShares MSCI Japan Index ETF (NYSEARCA:EWJ).

Under such analytical reports, the unit prices of iShares MSCI Japan Index ETF (NYSEARCA:EWJ) had recently been declining to lower levels with every day of trading in the markets. While the ETF had been presenting marginal returns to the investors by moving above the 50 day moving average and thereby touching new peaks, this recent decline in prices had sent signals of worry to the investors. While the earlier target price for the ETF was fixed at $12.00 per unit, the present declining trend had moved the fund far below this target. However, it is expected that the exchange traded fund would move to its recovery stage soon in the near future.

iShares MSCI Japan Index ETF (NYSEARCA:EWJ) had presented loss of 0.09% with the trading on Wednesday and had thereby closed at $11.22 per share. While the stock opened at $11.20 per share, there had been fluctuations in the intraday prices ranging between $11.18 and $11.27 per share during the day. The 52 week low price for the stock is presently at $8.75 and 52 week high price is at $12.43 per share. There are a total 1.03 billion shares in the market valuing to a market cap of $11.51 billion. The stock of the EWJ witnessed around 9.46 million shares being exchanged hands on Wednesday.