DRW Securities LLC Purchases Shares of 17,911 iShares Asia 50 ETF (NASDAQ:AIA)

DRW Securities LLC purchased a new stake in shares of iShares Asia 50 ETF (NASDAQ:AIA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,911 shares of the company’s stock, valued at approximately $1,295,000. DRW Securities LLC owned 0.15% of iShares Asia 50 ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AIA. Kingsview Wealth Management LLC purchased a new stake in shares of iShares Asia 50 ETF in the third quarter worth about $3,417,000. Bank of Montreal Can boosted its position in shares of iShares Asia 50 ETF by 1,142.7% in 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. Avalon Capital Management purchased a new stake in shares of iShares Asia 50 ETF in the second quarter worth about $2,030,000. Marshall Wace LLP lifted its stake in shares of iShares Asia 50 ETF by 68.1% in the second quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after acquiring an additional 2,860 shares in the last quarter. Finally, Patten Group Inc. acquired a new position in shares of iShares Asia 50 ETF in the third quarter worth about $203,000.

iShares Asia 50 ETF Stock Performance

NASDAQ:AIA opened at $69.24 on Tuesday. iShares Asia 50 ETF has a one year low of $52.02 and a one year high of $77.44. The business’s 50-day simple moving average is $72.04 and its 200 day simple moving average is $68.55. The stock has a market cap of $830.88 million, a price-to-earnings ratio of 12.57 and a beta of 0.71.

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.