iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Stock Price Down 1.5% – Here’s What Happened

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) shares traded down 1.5% during trading on Monday . The stock traded as low as $68.72 and last traded at $69.55. 94,933 shares were traded during mid-day trading, an increase of 143% from the average session volume of 39,066 shares. The stock had previously closed at $70.59.

iShares MSCI Japan Small-Cap ETF Stock Performance

The business’s 50 day moving average is $76.05 and its two-hundred day moving average is $75.08. The firm has a market capitalization of $104.33 million, a PE ratio of 13.45 and a beta of 0.50.

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

Several hedge funds have recently made changes to their positions in SCJ. Wilmington Savings Fund Society FSB bought a new position in iShares MSCI Japan Small-Cap ETF in the 3rd quarter worth about $28,000. JPMorgan Chase & Co. boosted its position 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 valued at $181,000 after acquiring an additional 1,782 shares during the period. Finally, Main Management ETF Advisors LLC grew its stake in iShares MSCI Japan Small-Cap ETF by 0.6% during the fourth quarter. Main Management ETF Advisors LLC now owns 59,520 shares of the company’s stock valued at $4,354,000 after acquiring an additional 360 shares in the last quarter.

About iShares MSCI Japan Small-Cap ETF

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.