iShares MSCI Japan Value ETF (NASDAQ:EWJV) Hits New 1-Year High – What’s Next?

iShares MSCI Japan Value ETF (NASDAQ:EWJV)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $48.39 and last traded at $48.31, with a volume of 14276 shares trading hands. The stock had previously closed at $47.69.

iShares MSCI Japan Value ETF Stock Performance

The firm has a market capitalization of $751.13 million, a P/E ratio of 10.93 and a beta of 0.47. The company has a 50-day moving average price of $46.40 and a 200-day moving average price of $44.93.

iShares MSCI Japan Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.4831 per share. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its holdings in 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 purchasing an additional 87,663 shares during the period. Focus Partners Wealth bought a new stake in shares of iShares MSCI Japan Value ETF in the 1st quarter valued at $600,000. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Japan Value ETF in the 2nd quarter valued at $162,000. Bank of America Corp DE raised its stake in iShares MSCI Japan Value ETF by 115.6% during the 2nd quarter. Bank of America Corp DE now owns 802,802 shares of the company’s stock worth $27,897,000 after buying an additional 430,398 shares during the period. Finally, Private Advisor Group LLC raised its stake in iShares MSCI Japan Value ETF by 0.6% during the 3rd quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock worth $3,054,000 after buying an additional 473 shares during the period.

About iShares MSCI Japan Value ETF

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.