iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sets New 52-Week High – What’s Next?

iShares MSCI Japan Value ETF (NASDAQ:EWJV)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $43.42 and last traded at $43.42, with a volume of 606427 shares traded. The stock had previously closed at $42.60.

iShares MSCI Japan Value ETF Trading Up 1.9%

The stock has a market cap of $607.88 million, a P/E ratio of 10.93 and a beta of 0.49. The business has a 50-day simple moving average of $40.91 and a 200 day simple moving average of $39.32.

iShares MSCI Japan Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $1.7492 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 882.0%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EWJV. Osaic Holdings Inc. increased its position in shares of iShares MSCI Japan Value ETF by 31.8% during the second quarter. Osaic Holdings Inc. now owns 72,595 shares of the company’s stock worth $2,523,000 after buying an additional 17,506 shares during the period. Janney Montgomery Scott LLC acquired a new position in iShares MSCI Japan Value ETF in the second quarter valued at $328,000. Bank of Montreal Can boosted its position in iShares MSCI Japan Value ETF by 196.0% during the second quarter. Bank of Montreal Can now owns 17,517 shares of the company’s stock valued at $609,000 after acquiring an additional 11,600 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in iShares MSCI Japan Value ETF by 204.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 323,709 shares of the company’s stock worth $11,249,000 after acquiring an additional 217,502 shares during the period. Finally, Copia Wealth Management raised its position in shares of iShares MSCI Japan Value ETF by 11.2% in the 2nd quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock worth $120,000 after acquiring an additional 347 shares in the last quarter.

iShares MSCI Japan Value ETF Company Profile

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.