iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading Down 1% – Here’s What Happened

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s share price were down 1% during trading on Monday . The stock traded as low as $90.86 and last traded at $91.14. Approximately 11,669 shares changed hands during trading, a decline of 56% from the average daily volume of 26,661 shares. The stock had previously closed at $92.02.

iShares MSCI Japan Small-Cap ETF Trading Down 1.0%

The stock has a fifty day moving average of $91.68 and a two-hundred day moving average of $87.44. The company has a market capitalization of $154.94 million, a PE ratio of 13.39 and a beta of 0.50.

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

A number of hedge funds have recently made changes to their positions in SCJ. JPMorgan Chase & Co. boosted 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 purchasing an additional 1,382 shares in the last quarter. Fiduciary Wealth Partners LLC bought a new stake in iShares MSCI Japan Small-Cap ETF in the second quarter worth $416,000. Jones Financial Companies Lllp boosted its position in iShares MSCI Japan Small-Cap ETF by 412.8% during the first 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. Finally, OLD Mission Capital LLC bought a new position in shares of iShares MSCI Japan Small-Cap ETF during the first quarter valued at about $4,399,000.

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.