iShares Asia 50 ETF (NASDAQ:AIA) Sees Unusually-High Trading Volume

Shares of iShares Asia 50 ETF (NASDAQ:AIA) saw an uptick in trading volume on Tuesday . 39,471 shares changed hands during trading, a decline of 23% from the previous session’s volume of 51,300 shares.The stock last traded at $67.68 and had previously closed at $66.99.

iShares Asia 50 ETF Stock Performance

The firm’s fifty day simple moving average is $64.11 and its 200 day simple moving average is $59.78. The firm has a market cap of $1.59 billion, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a dividend of $0.3784 per share. The ex-dividend date was Tuesday, June 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. SFI Advisors LLC increased its stake in iShares Asia 50 ETF by 17.5% during the fourth quarter. SFI Advisors LLC now owns 31,065 shares of the company’s stock worth $1,801,000 after acquiring an additional 4,626 shares during the last quarter. Activest Wealth Management purchased a new position in shares of iShares Asia 50 ETF in the 4th quarter worth approximately $73,000. Vontobel Holding Ltd. increased its position in shares of iShares Asia 50 ETF by 299.9% during the 4th quarter. Vontobel Holding Ltd. now owns 39,751 shares of the company’s stock valued at $2,304,000 after purchasing an additional 29,812 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in iShares Asia 50 ETF during the 4th quarter valued at $165,000. Finally, Upper Left Wealth Management LLC raised its holdings in iShares Asia 50 ETF by 3.7% during the 4th quarter. Upper Left Wealth Management LLC now owns 40,362 shares of the company’s stock valued at $2,340,000 after buying an additional 1,457 shares during the period.

iShares Asia 50 ETF Company Profile

iShares Asia 50 ETF (the Fund), formerly iShares S&P Asia 50 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Asia 50 Index (the Index). The Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the performance of the 50 leading companies from four Asian markets: Hong Kong, Singapore, South Korea and Taiwan.