iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Down 0.7% – Here’s What Happened

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s stock price traded down 0.7% on Tuesday . The stock traded as low as $70.63 and last traded at $70.92. 26,854 shares were traded during mid-day trading, a decline of 26% from the average session volume of 36,357 shares. The stock had previously closed at $71.41.

iShares MSCI Japan Small-Cap ETF Price Performance

The stock has a market capitalization of $120.56 million, a P/E ratio of 12.96 and a beta of 0.60. The company’s 50-day simple moving average is $73.80 and its 200-day simple moving average is $74.42.

Institutional Investors Weigh In On iShares MSCI Japan Small-Cap ETF

Large investors have recently added to or reduced their stakes in the business. Main Management ETF Advisors LLC grew its position in shares of iShares MSCI Japan Small-Cap ETF by 1.9% during the 2nd quarter. Main Management ETF Advisors LLC now owns 62,760 shares of the company’s stock worth $4,456,000 after purchasing an additional 1,200 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI Japan Small-Cap ETF in the 3rd quarter valued at $28,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Japan Small-Cap ETF by 347.4% in the third quarter. JPMorgan Chase & Co. now owns 2,295 shares of the company’s stock worth $181,000 after acquiring an additional 1,782 shares during the last quarter.

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.