iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Down 0.8% – Here’s Why

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) traded down 0.8% during trading on Friday . The company traded as low as $74.46 and last traded at $74.65. 33,390 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 42,395 shares. The stock had previously closed at $75.24.

iShares MSCI Japan Small-Cap ETF Trading Down 0.8 %

The business’s fifty day moving average is $76.37 and its 200 day moving average is $73.81. The firm has a market capitalization of $126.91 million, a P/E ratio of 12.96 and a beta of 0.60.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

An institutional investor recently raised its position in iShares MSCI Japan Small-Cap ETF stock. Main Management ETF Advisors LLC increased its position in shares of iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,760 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Main Management ETF Advisors LLC owned 3.69% of iShares MSCI Japan Small-Cap ETF worth $4,456,000 as of its most recent SEC filing.

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.