iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Stock Price Down 1.7% – Time to Sell?

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN)’s stock price fell 1.7% on Tuesday . The company traded as low as $72.31 and last traded at $72.62. 15,174 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 22,792 shares. The stock had previously closed at $73.88.

iShares JPX-Nikkei 400 ETF Stock Down 0.1 %

The stock has a market cap of $86.35 million, a price-to-earnings ratio of 12.89 and a beta of 0.71. The stock’s 50 day moving average price is $74.55 and its two-hundred day moving average price is $73.57.

Institutional Investors Weigh In On iShares JPX-Nikkei 400 ETF

An institutional investor recently raised its position in iShares JPX-Nikkei 400 ETF stock. Flow Traders U.S. LLC boosted its position in shares of iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) by 331.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,299 shares of the company’s stock after acquiring an additional 47,875 shares during the period. Flow Traders U.S. LLC owned about 5.19% of iShares JPX-Nikkei 400 ETF worth $4,769,000 as of its most recent SEC filing.

iShares JPX-Nikkei 400 ETF Company Profile

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.