iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Trading 0.7% Higher – Here’s What Happened

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ)’s share price were up 0.7% during trading on Friday . The company traded as high as $76.46 and last traded at $76.45. Approximately 64,165 shares were traded during trading, an increase of 63% from the average daily volume of 39,397 shares. The stock had previously closed at $75.88.

iShares MSCI Japan Small-Cap ETF Price Performance

The firm has a 50-day simple moving average of $76.77 and a 200-day simple moving average of $73.77. The firm has a market capitalization of $129.96 million, a PE ratio of 12.96 and a beta of 0.60.

Hedge Funds Weigh In On 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 lifted its stake in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,760 shares of the company’s stock after buying an additional 1,200 shares during the quarter. Main Management ETF Advisors LLC owned about 3.69% of iShares MSCI Japan Small-Cap ETF worth $4,456,000 as of its most recent filing with the Securities & Exchange Commission.

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.