iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading Up 1.4% – Here’s Why

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) were up 1.4% on Tuesday . The stock traded as high as $106.58 and last traded at $106.19. Approximately 19,613 shares changed hands during trading, a decline of 71% from the average daily volume of 68,743 shares. The stock had previously closed at $104.68.

iShares MSCI Japan Small-Cap ETF Stock Performance

The business has a fifty day moving average price of $100.84 and a 200 day moving average price of $97.78. The company has a market capitalization of $244.24 million, a PE ratio of 13.39 and a beta of 0.50.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

Large investors have recently modified their holdings of the company. Van Berkom & Associates Inc. purchased a new position in shares of iShares MSCI Japan Small-Cap ETF in the 4th quarter worth about $94,000. JPMorgan Chase & Co. raised its holdings 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 worth $187,000 after purchasing an additional 1,382 shares during the period. Resolute Advisors LLC raised its holdings in shares of iShares MSCI Japan Small-Cap ETF by 15.1% in the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock worth $357,000 after purchasing an additional 510 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of 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 worth $393,000 after purchasing an additional 4,128 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.