iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Up 0.6% – Still a Buy?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s share price shot up 0.6% during mid-day trading on Monday . The stock traded as high as $106.87 and last traded at $106.23. 13,675 shares changed hands during trading, a decline of 79% from the average daily volume of 65,064 shares. The stock had previously closed at $105.57.

iShares MSCI Japan Small-Cap ETF Trading Up 0.6%

The stock has a market capitalization of $244.33 million, a PE ratio of 13.39 and a beta of 0.51. The business has a fifty day moving average price of $103.54 and a 200-day moving average price of $99.58.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

Several institutional investors have recently added to or reduced their stakes in SCJ. Resolute Advisors LLC grew its stake in shares of iShares MSCI Japan Small-Cap ETF by 4.0% during the first quarter. Resolute Advisors LLC now owns 4,049 shares of the company’s stock valued at $393,000 after buying an additional 156 shares during the last quarter. Van Berkom & Associates Inc. purchased a new stake in iShares MSCI Japan Small-Cap ETF during the 4th quarter valued at about $94,000. JPMorgan Chase & Co. lifted its position in iShares MSCI Japan Small-Cap ETF by 169.6% in the second 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. Finally, Jones Financial Companies Lllp lifted its position in iShares MSCI Japan Small-Cap ETF by 412.8% in the first quarter. Jones Financial Companies Lllp now owns 5,128 shares of the company’s stock valued at $393,000 after purchasing an additional 4,128 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.