iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Down 1.6% – Time to Sell?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) shares fell 1.6% during trading on Tuesday . The company traded as low as $94.97 and last traded at $94.99. 34,113 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 20,926 shares. The stock had previously closed at $96.50.

iShares MSCI Japan Small-Cap ETF Price Performance

The firm has a 50 day simple moving average of $92.67 and a 200-day simple moving average of $90.78. The company has a market cap of $189.98 million, a price-to-earnings ratio of 13.39 and a beta of 0.50.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SCJ. Jones Financial Companies Lllp raised its holdings in iShares MSCI Japan Small-Cap ETF by 412.8% in the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after buying an additional 4,128 shares during the period. Fiduciary Wealth Partners LLC acquired a new stake in shares of iShares MSCI Japan Small-Cap ETF during the second quarter valued at about $416,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares MSCI Japan Small-Cap ETF by 169.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after acquiring an additional 1,382 shares during the period.

iShares MSCI Japan Small-Cap ETF Company Profile

The iShares MSCI Japan Small-Cap ETF (SCJ) is an exchange-traded fund that is based on the MSCI Japan Small Cap index, a market-cap-weighted index of small-cap Japanese stocks. SCJ was launched on Dec 20, 2007 and is managed by BlackRock.