iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Stock Price Down 1.5% – What’s Next?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s stock price were down 1.5% during mid-day trading on Monday . The stock traded as low as $68.72 and last traded at $69.55. Approximately 94,933 shares traded hands during trading, an increase of 143% from the average daily volume of 39,066 shares. The stock had previously closed at $70.59.

iShares MSCI Japan Small-Cap ETF Stock Down 1.5 %

The company has a 50-day moving average of $76.05 and a 200 day moving average of $75.08. The firm has a market capitalization of $104.33 million, a PE ratio of 13.45 and a beta of 0.50.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI Japan Small-Cap ETF during the third quarter valued at about $28,000. Main Management ETF Advisors LLC increased its position in shares of iShares MSCI Japan Small-Cap ETF by 0.6% during the 4th quarter. Main Management ETF Advisors LLC now owns 59,520 shares of the company’s stock valued at $4,354,000 after purchasing an additional 360 shares during the last quarter. Finally, JPMorgan Chase & Co. increased 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 purchasing an additional 1,782 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.