iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading Up 0.2% – Time to Buy?

Shares of iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) rose 0.2% during trading on Monday . The stock traded as high as $104.30 and last traded at $103.85. Approximately 12,696 shares traded hands during trading, a decline of 80% from the average daily volume of 63,115 shares. The stock had previously closed at $103.66.

iShares MSCI Japan Small-Cap ETF Stock Up 0.2%

The company has a market cap of $249.24 million, a price-to-earnings ratio of 13.39 and a beta of 0.51. The company’s fifty day moving average price is $105.34 and its two-hundred day moving average price is $101.50.

Hedge Funds Weigh In On iShares MSCI Japan Small-Cap ETF

A number of large investors have recently added to or reduced their stakes in SCJ. Jones Financial Companies Lllp lifted its holdings in shares of 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 in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares MSCI Japan Small-Cap ETF by 169.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,197 shares of the company’s stock valued at $187,000 after acquiring an additional 1,382 shares in the last quarter. Van Berkom & Associates Inc. bought a new stake in iShares MSCI Japan Small-Cap ETF in the 4th quarter valued at approximately $94,000. Finally, Resolute Advisors LLC boosted its position in iShares MSCI Japan Small-Cap ETF by 15.1% during the 4th quarter. Resolute Advisors LLC now owns 3,893 shares of the company’s stock worth $357,000 after acquiring an additional 510 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.