Lazard Japanese Equity ETF (NASDAQ:JPY) Stock Price Up 0.3% – Still a Buy?

Lazard Japanese Equity ETF (NASDAQ:JPY)’s stock price traded up 0.3% during trading on Thursday . The company traded as high as $32.09 and last traded at $31.90. 2,381 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 9,350 shares. The stock had previously closed at $31.82.

Lazard Japanese Equity ETF Stock Up 0.3%

The firm’s 50 day simple moving average is $31.80 and its two-hundred day simple moving average is $30.41. The stock has a market capitalization of $60.61 million, a P/E ratio of 13.38 and a beta of 1.79.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Lazard Japanese Equity ETF in the second quarter worth approximately $338,000. PNC Financial Services Group Inc. acquired a new position in shares of Lazard Japanese Equity ETF during the third quarter worth approximately $1,161,000. Citadel Advisors LLC bought a new position in shares of Lazard Japanese Equity ETF in the 3rd quarter worth $2,017,000. Permanens Capital L.P. acquired a new stake in Lazard Japanese Equity ETF in the 3rd quarter valued at $17,443,000. Finally, Lazard Asset Management LLC bought a new stake in Lazard Japanese Equity ETF during the 2nd quarter valued at $32,460,000.

Lazard Japanese Equity ETF Company Profile

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.