iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Shares Down 1.4% – Time to Sell?

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN)’s stock price traded down 1.4% during trading on Tuesday . The company traded as low as $72.39 and last traded at $72.62. 37,427 shares traded hands during mid-day trading, an increase of 70% from the average session volume of 22,067 shares. The stock had previously closed at $73.64.

iShares JPX-Nikkei 400 ETF Price Performance

The firm’s 50 day simple moving average is $75.43 and its two-hundred day simple moving average is $73.50. The firm has a market capitalization of $87.14 million, a P/E ratio of 12.89 and a beta of 0.71.

Institutional Investors Weigh In On iShares JPX-Nikkei 400 ETF

An institutional investor recently raised its position in iShares JPX-Nikkei 400 ETF stock. AlphaMark Advisors LLC raised its stake in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) by 50.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,081 shares of the company’s stock after purchasing an additional 361 shares during the quarter. AlphaMark Advisors LLC owned 0.09% of iShares JPX-Nikkei 400 ETF worth $78,000 at the end of the most recent quarter.

About iShares JPX-Nikkei 400 ETF

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market.