iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading 0.6% Higher – Here’s Why

Shares of iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) traded up 0.6% during mid-day trading on Monday . The company traded as high as $79.01 and last traded at $78.84. 41,340 shares traded hands during trading, an increase of 3% from the average session volume of 39,968 shares. The stock had previously closed at $78.34.

iShares MSCI Japan Small-Cap ETF Trading Up 0.6 %

The firm has a market capitalization of $118.26 million, a P/E ratio of 13.45 and a beta of 0.50. The firm has a 50 day moving average price of $74.72 and a 200-day moving average price of $75.12.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SCJ. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Japan Small-Cap ETF by 347.4% in the third quarter. JPMorgan Chase & Co. now owns 2,295 shares of the company’s stock valued at $181,000 after acquiring an additional 1,782 shares in the last quarter. Main Management ETF Advisors LLC raised its holdings in shares of iShares MSCI Japan Small-Cap ETF by 0.6% in the 4th quarter. Main Management ETF Advisors LLC now owns 59,520 shares of the company’s stock valued at $4,354,000 after purchasing an additional 360 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of iShares MSCI Japan Small-Cap ETF in the 3rd quarter valued at about $28,000.

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.