iShares MSCI Japan Value ETF (NASDAQ:EWJV) Hits New 52-Week High – Still a Buy?
by Doug Wharley · The Cerbat GemShares of iShares MSCI Japan Value ETF (NASDAQ:EWJV – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $42.19 and last traded at $42.0250, with a volume of 472904 shares. The stock had previously closed at $41.64.
iShares MSCI Japan Value ETF Price Performance
The company has a 50-day moving average price of $40.08 and a 200 day moving average price of $38.50. The firm has a market capitalization of $546.13 million, a PE ratio of 10.93 and a beta of 0.49.
iShares MSCI Japan Value ETF Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $1.7492 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 882.0%.
Institutional Investors Weigh In On iShares MSCI Japan Value ETF
Institutional investors have recently added to or reduced their stakes in the stock. North Capital Inc. purchased a new position in shares of iShares MSCI Japan Value ETF in the second quarter worth $25,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares MSCI Japan Value ETF by 72.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,022 shares of the company’s stock worth $40,000 after purchasing an additional 429 shares in the last quarter. Copia Wealth Management boosted its holdings in shares of iShares MSCI Japan Value ETF by 11.2% during the 2nd quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock valued at $120,000 after purchasing an additional 347 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI Japan Value ETF during the second quarter valued at about $162,000. Finally, Advisory Services Network LLC bought a new stake in shares of iShares MSCI Japan Value ETF in the third quarter worth about $206,000.
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.