iShares Asia 50 ETF (NASDAQ:AIA) Sees Large Volume Increase – Here’s Why

Shares of iShares Asia 50 ETF (NASDAQ:AIA) saw strong trading volume on Friday . 21,437 shares were traded during trading, an increase of 1% from the previous session’s volume of 21,171 shares.The stock last traded at $70.88 and had previously closed at $70.85.

iShares Asia 50 ETF Trading Down 1.5 %

The company has a market cap of $733.13 million, a PE ratio of 12.57 and a beta of 0.71. The business’s 50 day moving average is $69.07 and its two-hundred day moving average is $69.14.

iShares Asia 50 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $1.5096 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AIA. West Oak Capital LLC lifted its position in shares of iShares Asia 50 ETF by 1,433.3% in the fourth quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock worth $312,000 after buying an additional 4,300 shares in the last quarter. DRW Securities LLC bought a new stake in iShares Asia 50 ETF in the third quarter worth $1,295,000. Bank of Montreal Can boosted its stake in iShares Asia 50 ETF by 1,142.7% during the second quarter. Bank of Montreal Can now owns 47,159 shares of the company’s stock worth $3,206,000 after buying an additional 43,364 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares Asia 50 ETF by 31.4% during the 3rd quarter. Jane Street Group LLC now owns 218,160 shares of the company’s stock worth $15,769,000 after purchasing an additional 52,169 shares during the period. Finally, Marshall Wace LLP grew its stake in shares of iShares Asia 50 ETF by 68.1% during the second quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock valued at $474,000 after buying an additional 2,860 shares during the last quarter.

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.