iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading Up 0.2% – Should You Buy?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) shot up 0.2% during mid-day trading on Monday . The stock traded as high as $104.30 and last traded at $103.85. Approximately 12,696 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 63,115 shares. The stock had previously closed at $103.66.

iShares MSCI Japan Small-Cap ETF Trading Down 0.5%

The firm has a market cap of $250.87 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. The stock has a 50-day moving average of $105.33 and a 200-day moving average of $101.59.

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

Several institutional investors have recently modified their holdings of the company. Van Berkom & Associates Inc. acquired a new stake in shares of iShares MSCI Japan Small-Cap ETF in the 4th quarter worth about $94,000. JPMorgan Chase & Co. lifted its position in iShares MSCI Japan Small-Cap ETF by 169.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after purchasing an additional 1,382 shares during the last quarter. Resolute Advisors LLC boosted its stake in iShares MSCI Japan Small-Cap ETF by 15.1% during the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock valued at $357,000 after purchasing an additional 510 shares during the period. Finally, Jones Financial Companies Lllp grew its position in iShares MSCI Japan Small-Cap ETF by 412.8% in the 1st quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock worth $393,000 after purchasing an additional 4,128 shares during the last quarter.

iShares MSCI Japan Small-Cap ETF Company Profile

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.