iShares MSCI Japan Value ETF (NASDAQ:EWJV) Reaches New 52-Week High Following Dividend Announcement

iShares MSCI Japan Value ETF (NASDAQ:EWJV)’s stock price hit a new 52-week high during trading on Tuesday following a dividend announcement from the company. The stock traded as high as $42.17 and last traded at $42.02, with a volume of 104633 shares traded. The stock had previously closed at $41.42.

The newly announced dividend which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th will be issued a dividend of $1.7492 per share. This represents a yield of 882.0%. The ex-dividend date is Tuesday, December 16th.

iShares MSCI Japan Value ETF Trading Down 1.3%

The firm’s 50-day moving average price is $39.64 and its two-hundred day moving average price is $37.73. The stock has a market cap of $508.95 million, a PE ratio of 10.93 and a beta of 0.49.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. North Capital Inc. acquired a new position in iShares MSCI Japan Value ETF during the 2nd quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI Japan Value ETF by 72.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,022 shares of the company’s stock worth $40,000 after acquiring an additional 429 shares during the last quarter. Copia Wealth Management increased its holdings in shares of iShares MSCI Japan Value ETF by 11.2% during the second quarter. Copia Wealth Management now owns 3,447 shares of the company’s stock valued at $120,000 after acquiring an additional 347 shares in the last quarter. Raymond James Financial Inc. acquired 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 purchased a new position in shares of iShares MSCI Japan Value ETF in the 3rd quarter valued at approximately $206,000.

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.