iShares MSCI Japan Value ETF (NASDAQ:EWJV) Reaches New 1-Year High – Time to Buy?

iShares MSCI Japan Value ETF (NASDAQ:EWJV)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $50.17 and last traded at $50.09, with a volume of 27265 shares trading hands. The stock had previously closed at $48.79.

iShares MSCI Japan Value ETF Trading Up 2.6%

The company’s fifty day moving average is $46.98 and its 200-day moving average is $45.03. The firm has a market capitalization of $775.62 million, a P/E ratio of 10.93 and a beta of 0.47.

Institutional Investors Weigh In On iShares MSCI Japan Value ETF

A number of hedge funds have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new position in shares of iShares MSCI Japan Value ETF in the fourth quarter worth about $37,000. Wells Fargo & Company MN boosted its stake in iShares MSCI Japan Value ETF by 96,700.0% during the 4th quarter. Wells Fargo & Company MN now owns 968 shares of the company’s stock valued at $38,000 after purchasing an additional 967 shares during the period. International Assets Investment Management LLC bought a new stake in iShares MSCI Japan Value ETF during the 1st quarter valued at approximately $44,000. Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI Japan Value ETF by 72.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,022 shares of the company’s stock valued at $40,000 after buying an additional 429 shares during the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new stake in iShares MSCI Japan Value ETF in the 2nd quarter valued at approximately $71,000.

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.