iShares MSCI Japan Value ETF (NASDAQ:EWJV) Hits New 12-Month High – Time to Buy?

iShares MSCI Japan Value ETF (NASDAQ:EWJV) reached a new 52-week high on Thursday . The company traded as high as $40.86 and last traded at $40.69, with a volume of 11453 shares. The stock had previously closed at $40.08.

iShares MSCI Japan Value ETF Price Performance

The company has a market capitalization of $527.87 million, a price-to-earnings ratio of 10.93 and a beta of 0.49. The firm’s fifty day moving average price is $39.34 and its 200-day moving average price is $37.33.

Institutional Trading of iShares MSCI Japan Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in iShares MSCI Japan Value ETF in the 3rd quarter valued at approximately $206,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI Japan Value ETF by 72.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,022 shares of the company’s stock valued at $40,000 after acquiring an additional 429 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of iShares MSCI Japan Value ETF by 38.0% during the third quarter. Flow Traders U.S. LLC now owns 446,596 shares of the company’s stock worth $17,441,000 after purchasing an additional 122,887 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares MSCI Japan Value ETF by 29.3% during the third quarter. Bank of America Corp DE now owns 1,038,103 shares of the company’s stock worth $40,541,000 after purchasing an additional 235,301 shares during the period. Finally, Private Advisor Group LLC increased its holdings in iShares MSCI Japan Value ETF by 0.6% in the third quarter. Private Advisor Group LLC now owns 78,192 shares of the company’s stock valued at $3,054,000 after purchasing an additional 473 shares during the period.

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.