iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN – Get Free Report) fell 0.7% during mid-day trading on Thursday. The stock traded as low as $102.16 and last traded at $102.43. 63,026 shares traded hands during mid-day trading, an increase of 94% from the average daily volume of 32,548 shares. The stock had previously closed at $103.11.
iShares JPX-Nikkei 400 ETF Price Performance
The firm has a market capitalization of $168.18 million, a P/E ratio of 14.59 and a beta of 0.67. The stock’s 50 day moving average is $103.31 and its two-hundred day moving average is $100.26.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in JPXN. Royal Bank of Canada increased its holdings in iShares JPX-Nikkei 400 ETF by 20.6% in the first quarter. Royal Bank of Canada now owns 877 shares of the company’s stock valued at $80,000 after purchasing an additional 150 shares during the last quarter. Ifrah Financial Services Inc. bought a new position in iShares JPX-Nikkei 400 ETF during the first quarter worth about $204,000. Ferguson Wellman Capital Management Inc. bought a new position in iShares JPX-Nikkei 400 ETF during the first quarter worth about $254,000. Finally, Bank of America Corp DE grew its position in shares of iShares JPX-Nikkei 400 ETF by 36.0% during the 1st quarter. Bank of America Corp DE now owns 18,141 shares of the company’s stock worth $1,658,000 after buying an additional 4,803 shares during the period.
About iShares JPX-Nikkei 400 ETF
iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.
See Also
- Five stocks we like better than iShares JPX-Nikkei 400 ETF
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for iShares JPX-Nikkei 400 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares JPX-Nikkei 400 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
