iShares MSCI Japan Value ETF (NASDAQ:EWJV) Reaches New 12-Month High – Here’s What Happened

iShares MSCI Japan Value ETF (NASDAQ:EWJV) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $43.42 and last traded at $43.42, with a volume of 606427 shares. The stock had previously closed at $42.60.

iShares MSCI Japan Value ETF Trading Up 3.7%

The firm has a market cap of $634.48 million, a P/E ratio of 10.93 and a beta of 0.49. The business’s fifty day simple moving average is $41.05 and its 200-day simple moving average is $39.39.

iShares MSCI Japan Value ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $1.7492 per share. This represents a dividend yield of 882.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its holdings in shares of iShares MSCI Japan Value ETF by 121.5% in the first 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 iShares MSCI Japan Value ETF during the first quarter valued at approximately $600,000. Janney Montgomery Scott LLC bought a new stake in iShares MSCI Japan Value ETF during the 2nd quarter worth approximately $328,000. Copia Wealth Management lifted its stake in iShares MSCI Japan Value ETF by 11.2% in the 2nd quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock worth $120,000 after purchasing an additional 347 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in iShares MSCI Japan Value ETF by 196.0% in the 2nd quarter. Bank of Montreal Can now owns 17,517 shares of the company’s stock worth $609,000 after purchasing an additional 11,600 shares in the last quarter.

iShares MSCI Japan Value ETF Company Profile

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.