iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) Shares Up 0.7% – Should You Buy?

iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) rose 0.7% during mid-day trading on Friday . The company traded as high as $76.46 and last traded at $76.45. Approximately 64,165 shares traded hands during mid-day 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 Trading Up 0.7 %

The firm’s 50 day simple moving average is $76.77 and its 200 day simple moving average is $73.77. The firm has a market cap of $129.96 million, a PE ratio of 12.96 and a beta of 0.60.

Institutional Trading of iShares MSCI Japan Small-Cap ETF

A hedge fund recently raised its stake in iShares MSCI Japan Small-Cap ETF stock. Main Management ETF Advisors LLC lifted its holdings in iShares MSCI Japan Small-Cap ETF (NYSEARCA:SCJ) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,760 shares of the company’s stock after buying an additional 1,200 shares during the period. Main Management ETF Advisors LLC owned about 3.69% of iShares MSCI Japan Small-Cap ETF worth $4,456,000 at the end of the most recent reporting period.

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.