Dallas, Texas 11/26/2013 (Financialstrend) – Over Monday’s trading session, iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ) dropped by 0.74%. The shares opened at a price of $12.11, climbed to the intraday high of $12.12 and headed to a close of $12.07. The 52-week low of iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ) shares is $9.13 and the 52-week high is $12.43. The company has a market capitalization of $13.29 billion.
About the company
iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ) essentially seeks to provide accurate investment results that mostly correspond to the price as well as the yield performance of various diverse publicly traded securities in aggregate in the current Japanese market. These are measured and based on the MSCI Japan Index (the Index). This Index primarily seeks to measure the current performance of the Japanese equity market. iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ) is a capitalization-weighted index. This index aims at capturing 85% of the publicly available, total market-capitalization.
Component companies are then individually adjusted for any available float and have to meet objective criteria for to be considered for inclusion in this Index. iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ) is reviewed on a quarterly basis.
iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ) invests in a range of representative sample of securities that are included in the Index and collectively have an investment profile that is similar to that of the Index. Barclays Global Fund Advisors are the investment advisors for iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ)
In the current volatile market, most investors are looking at the very core of their individual portfolios in order that they can do more: They want to produce income as well as manage risk, and then evolve to deliver on all their investment goals. iShares MSCI Japan Index (ETF) (NYSEARCA:EWJ)’s suite of 10 very competitively priced as well as tax efficient¹ ETFs help investors keep more of what they earn