iShares MSCI Japan Value ETF (NASDAQ:EWJV) Sets New 12-Month High – Here’s What Happened

iShares MSCI Japan Value ETF (NASDAQ:EWJV) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $40.12 and last traded at $40.0550, with a volume of 6175 shares. The stock had previously closed at $39.78.

iShares MSCI Japan Value ETF Stock Performance

The firm has a market cap of $521.43 million, a P/E ratio of 10.93 and a beta of 0.49. The firm’s fifty day moving average is $39.17 and its 200 day moving average is $36.75.

Hedge Funds Weigh In On iShares MSCI Japan Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. LPL Financial LLC raised its position in shares of iShares MSCI Japan Value ETF by 10.9% during the first quarter. LPL Financial LLC now owns 41,535 shares of the company’s stock worth $1,382,000 after acquiring an additional 4,080 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in iShares MSCI Japan Value ETF during the 1st quarter valued at approximately $4,155,000. Forefront Wealth Management Inc. increased its position in iShares MSCI Japan Value ETF by 4.0% during the 2nd quarter. Forefront Wealth Management Inc. now owns 70,444 shares of the company’s stock valued at $2,448,000 after purchasing an additional 2,710 shares during the period. Maridea Wealth Management LLC raised its holdings in iShares MSCI Japan Value ETF by 5.3% during the 1st quarter. Maridea Wealth Management LLC now owns 9,699 shares of the company’s stock worth $323,000 after purchasing an additional 484 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of iShares MSCI Japan Value ETF in the 2nd quarter worth approximately $328,000.

iShares MSCI Japan Value ETF Company Profile

The iShares MSCI Japan Value ETF (EWJV) is an exchange-traded fund that is based on the MSCI Japan Value index. The fund tracks a multi-factor-selected, market cap-weighted portfolio of Japanese equities. EWJV was launched on Mar 5, 2019 and is managed by BlackRock.