iShares MSCI Japan Value ETF (NASDAQ:EWJV) Stock Price Cross Below 200-Day Moving Average – Here’s What Happened

iShares MSCI Japan Value ETF (NASDAQ:EWJV) shares passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $45.54 and traded as low as $45.13. iShares MSCI Japan Value ETF shares last traded at $45.50, with a volume of 111,668 shares traded.

iShares MSCI Japan Value ETF Price Performance

The company’s 50-day simple moving average is $48.09 and its 200-day simple moving average is $45.54. The stock has a market capitalization of $746.20 million, a P/E ratio of 10.93 and a beta of 0.54.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EWJV. International Assets Investment Management LLC acquired a new stake in iShares MSCI Japan Value ETF in the 1st quarter valued at about $44,000. TD Waterhouse Canada Inc. acquired a new position in iShares MSCI Japan Value ETF during the second quarter worth approximately $71,000. Western Wealth Management LLC acquired a new position in iShares MSCI Japan Value ETF during the first quarter worth approximately $150,000. Pekin Hardy Strauss Inc. bought a new stake in iShares MSCI Japan Value ETF in the third quarter valued at approximately $206,000. Finally, Quantinno Capital Management LP bought a new stake in iShares MSCI Japan Value ETF in the first quarter valued at approximately $285,000.

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.