iShares MSCI Japan Value ETF (NASDAQ:EWJV) Stock Falls 0.2% – Here’s What Happened

Shares of iShares MSCI Japan Value ETF (NASDAQ:EWJV) fell 0.2% on Monday. The stock traded as low as $47.24 and last traded at $47.25. Approximately 43,274 shares changed hands during trading, a decline of 77% from the average daily volume of 190,304 shares. The stock had previously closed at $47.35.

iShares MSCI Japan Value ETF Trading Down 0.2%

The stock has a market cap of $760.73 million, a PE ratio of 10.93 and a beta of 0.49. The business has a 50-day moving average price of $48.25 and a 200-day moving average price of $46.09.

Hedge Funds Weigh In On iShares MSCI Japan Value ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Waverly Advisors LLC acquired a new stake in iShares MSCI Japan Value ETF in the 1st quarter worth about $2,860,000. Optiver Holding B.V. increased its stake in iShares MSCI Japan Value ETF by 29.0% during the 1st quarter. Optiver Holding B.V. now owns 48,501 shares of the company’s stock worth $2,000,000 after buying an additional 10,893 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares MSCI Japan Value ETF by 21.0% during the first quarter. Janney Montgomery Scott LLC now owns 29,964 shares of the company’s stock valued at $1,279,000 after acquiring an additional 5,209 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares MSCI Japan Value ETF by 98.5% during the first quarter. Royal Bank of Canada now owns 25,472 shares of the company’s stock valued at $1,087,000 after acquiring an additional 12,637 shares during the last quarter. Finally, TPG Advisors LLC raised its holdings in shares of iShares MSCI Japan Value ETF by 6.9% during the third quarter. TPG Advisors LLC now owns 22,039 shares of the company’s stock valued at $1,069,000 after acquiring an additional 1,413 shares during the last quarter.

About iShares MSCI Japan Value ETF

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.