iShares MSCI Japan Value ETF (NASDAQ:EWJV) Hits New 52-Week High – Should You Buy?

iShares MSCI Japan Value ETF (NASDAQ:EWJV)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $48.34 and last traded at $48.34, with a volume of 17113 shares trading hands. The stock had previously closed at $48.00.

iShares MSCI Japan Value ETF Trading Down 0.4%

The firm’s fifty day moving average is $45.78 and its 200 day moving average is $44.62. The company has a market cap of $743.53 million, a PE ratio of 10.93 and a beta of 0.47.

iShares MSCI Japan Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.4831 dividend. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in iShares MSCI Japan Value ETF by 121.5% during the 1st quarter. Jane Street Group LLC now owns 159,833 shares of the company’s stock worth $5,318,000 after buying an additional 87,663 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of iShares MSCI Japan Value ETF in the first quarter valued at approximately $600,000. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Japan Value ETF in the second quarter worth approximately $162,000. Bank of America Corp DE increased its position in shares of iShares MSCI Japan Value ETF by 115.6% during the second quarter. Bank of America Corp DE now owns 802,802 shares of the company’s stock worth $27,897,000 after purchasing an additional 430,398 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in iShares MSCI Japan Value ETF by 0.6% in the 3rd quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock valued at $3,054,000 after purchasing an additional 473 shares during the last quarter.

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.