iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) Trading Up 0% – Here’s Why

Shares of iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) shot up 0% during trading on Friday . The stock traded as high as $87.05 and last traded at $86.82. 8,107 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 10,141 shares. The stock had previously closed at $86.79.

iShares JPX-Nikkei 400 ETF Stock Performance

The company has a market capitalization of $104.18 million, a PE ratio of 14.59 and a beta of 0.65. The business has a fifty day moving average price of $87.35 and a 200 day moving average price of $84.00.

Hedge Funds Weigh In On iShares JPX-Nikkei 400 ETF

A number of hedge funds have recently bought and sold shares of JPXN. Bank of America Corp DE grew its holdings in shares of iShares JPX-Nikkei 400 ETF by 1.3% during the third quarter. Bank of America Corp DE now owns 13,448 shares of the company’s stock valued at $1,146,000 after purchasing an additional 171 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in iShares JPX-Nikkei 400 ETF by 329.9% during the second quarter. Osaic Holdings Inc. now owns 331 shares of the company’s stock worth $26,000 after buying an additional 254 shares in the last quarter. UBS Group AG raised its holdings in iShares JPX-Nikkei 400 ETF by 6.6% during the 3rd quarter. UBS Group AG now owns 7,946 shares of the company’s stock worth $677,000 after buying an additional 492 shares during the period. Susquehanna International Group LLP raised its position in iShares JPX-Nikkei 400 ETF by 14.8% during the third quarter. Susquehanna International Group LLP now owns 12,816 shares of the company’s stock valued at $1,092,000 after buying an additional 1,653 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in iShares JPX-Nikkei 400 ETF in the 2nd quarter worth approximately $162,000.

iShares JPX-Nikkei 400 ETF Company Profile

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. Components primarily include consumer discretionary, financial and industrials companies. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Index.