iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sees Unusually-High Trading Volume – Still a Buy?

Shares of iShares MSCI Japan Value ETF (NASDAQ:EWJV) saw unusually-high trading volume on Monday . Approximately 123,785 shares were traded during trading, an increase of 14% from the previous session’s volume of 108,227 shares.The stock last traded at $39.2650 and had previously closed at $39.31.

iShares MSCI Japan Value ETF Stock Performance

The stock has a market capitalization of $511.76 million, a P/E ratio of 10.93 and a beta of 0.49. The business has a fifty day simple moving average of $39.01 and a 200-day simple moving average of $36.45.

Hedge Funds Weigh In On iShares MSCI Japan Value ETF

Large investors have recently modified their holdings of the company. North Capital Inc. bought a new position in shares of iShares MSCI Japan Value ETF in the 2nd quarter worth $25,000. Copia Wealth Management raised its position in iShares MSCI Japan Value ETF by 11.2% in the 2nd quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock valued at $120,000 after buying an additional 347 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Japan Value ETF during the 2nd quarter valued at $162,000. MGO One Seven LLC purchased a new stake in shares of iShares MSCI Japan Value ETF during the 3rd quarter valued at $233,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of iShares MSCI Japan Value ETF during the 3rd quarter valued at $270,000.

About iShares MSCI Japan Value ETF

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.