iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Down 0.7% – Here’s What Happened

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s share price were down 0.7% during trading on Tuesday . The company traded as low as $70.63 and last traded at $70.92. Approximately 26,854 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 36,357 shares. The stock had previously closed at $71.41.

iShares MSCI Japan Small-Cap ETF Stock Up 0.2 %

The firm has a market capitalization of $121.94 million, a PE ratio of 12.96 and a beta of 0.60. The stock has a 50-day moving average price of $73.68 and a 200 day moving average price of $74.39.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

A number of large investors have recently added to or reduced their stakes in SCJ. Main Management ETF Advisors LLC raised its holdings in shares of iShares MSCI Japan Small-Cap ETF by 1.9% during the second quarter. Main Management ETF Advisors LLC now owns 62,760 shares of the company’s stock valued at $4,456,000 after acquiring an additional 1,200 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares MSCI Japan Small-Cap ETF by 347.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,295 shares of the company’s stock valued at $181,000 after purchasing an additional 1,782 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI Japan Small-Cap ETF in the 3rd quarter valued at $28,000.

iShares MSCI Japan Small-Cap ETF Company Profile

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.