iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading 1.4% Higher – Here’s What Happened

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) were up 1.4% on Tuesday . The stock traded as high as $106.58 and last traded at $106.19. Approximately 19,613 shares changed hands during trading, a decline of 71% from the average daily volume of 68,743 shares. The stock had previously closed at $104.68.

iShares MSCI Japan Small-Cap ETF Price Performance

The company has a 50-day moving average of $100.84 and a two-hundred day moving average of $97.78. The stock has a market capitalization of $244.24 million, a PE ratio of 13.39 and a beta of 0.50.

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

Large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its position in iShares MSCI Japan Small-Cap ETF by 412.8% during the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock worth $393,000 after buying an additional 4,128 shares during the period. JPMorgan Chase & Co. lifted its position in iShares MSCI Japan Small-Cap ETF by 169.6% during the second quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock worth $187,000 after buying an additional 1,382 shares during the period. Resolute Advisors LLC lifted its position in iShares MSCI Japan Small-Cap ETF by 4.0% during the first quarter. Resolute Advisors LLC now owns 4,049 shares of the company’s stock worth $393,000 after buying an additional 156 shares during the period. Finally, Van Berkom & Associates Inc. purchased a new position in iShares MSCI Japan Small-Cap ETF during the fourth quarter worth about $94,000.

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.