iShares MSCI Japan Value ETF (NASDAQ:EWJV) Reaches New 12-Month High – Here’s Why

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

iShares MSCI Japan Value ETF Stock Performance

The company has a market capitalization of $607.88 million, a price-to-earnings ratio of 10.93 and a beta of 0.49. The firm has a fifty day moving average price of $40.91 and a 200-day moving average price of $39.32.

iShares MSCI Japan Value ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $1.7492 per share. This represents a yield of 882.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of iShares MSCI Japan Value ETF

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

About iShares MSCI Japan Value ETF

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.