iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Down 0.8% – Time to Sell?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s share price fell 0.8% on Friday . The company traded as low as $74.46 and last traded at $74.65. 33,390 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 42,395 shares. The stock had previously closed at $75.24.

iShares MSCI Japan Small-Cap ETF Price Performance

The firm has a market cap of $126.91 million, a P/E ratio of 12.96 and a beta of 0.60. The business’s 50-day moving average is $76.37 and its two-hundred day moving average is $73.80.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares MSCI Japan Small-Cap ETF stock. Main Management ETF Advisors LLC raised its position in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) by 1.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,760 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Main Management ETF Advisors LLC owned approximately 3.69% of iShares MSCI Japan Small-Cap ETF worth $4,456,000 at the end of the most recent reporting period.

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.