iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Shares Down 1.4% – What’s Next?

iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN)’s share price fell 1.4% 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 Trading Up 0.6 %

The firm has a market capitalization of $85.85 million, a P/E ratio of 12.89 and a beta of 0.71. The firm has a 50 day moving average price of $75.41 and a 200-day moving average price of $73.48.

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 lifted its stake in shares of iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) by 50.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,081 shares of the company’s stock after acquiring an additional 361 shares during the quarter. AlphaMark Advisors LLC owned approximately 0.09% of iShares JPX-Nikkei 400 ETF worth $78,000 at the end of the most recent reporting period.

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.