iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading Down 0.7% – What’s Next?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) dropped 0.7% during mid-day trading on Tuesday . The stock traded as low as $70.63 and last traded at $70.92. Approximately 26,854 shares traded hands during 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 Trading Up 0.2 %

The stock’s fifty day simple moving average is $73.68 and its 200 day simple moving average is $74.39. The company has a market cap of $121.94 million, a price-to-earnings ratio of 12.96 and a beta of 0.60.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

Large investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI Japan Small-Cap ETF in the 3rd quarter valued at about $28,000. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Japan Small-Cap ETF by 347.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,295 shares of the company’s stock valued at $181,000 after buying an additional 1,782 shares during the period. Finally, Main Management ETF Advisors LLC lifted its holdings in iShares MSCI Japan Small-Cap ETF by 1.9% in 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.

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.