Nicholas Hoffman & Company LLC. Cuts Stock Holdings in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ)

Nicholas Hoffman & Company LLC. trimmed its holdings in shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) by 14.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 36,352 shares of the exchange traded fund’s stock after selling 6,337 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in iShares MSCI All Country Asia ex Japan ETF were worth $2,624,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AAXJ. iA Global Asset Management Inc. increased its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 15.4% during the third quarter. iA Global Asset Management Inc. now owns 49,746 shares of the exchange traded fund’s stock valued at $3,903,000 after purchasing an additional 6,640 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI All Country Asia ex Japan ETF by 25.3% in the third quarter. JPMorgan Chase & Co. now owns 3,982,841 shares of the exchange traded fund’s stock worth $312,454,000 after purchasing an additional 804,213 shares during the last quarter. Finley Financial LLC purchased a new stake in iShares MSCI All Country Asia ex Japan ETF in the fourth quarter worth approximately $466,000. Spinnaker Trust boosted its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 1.1% during the 4th quarter. Spinnaker Trust now owns 51,625 shares of the exchange traded fund’s stock worth $3,726,000 after acquiring an additional 579 shares during the last quarter. Finally, Congress Asset Management Co. purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the 4th quarter worth $1,557,000.

iShares MSCI All Country Asia ex Japan ETF Price Performance

Shares of AAXJ stock opened at $75.30 on Monday. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 13.34 and a beta of 0.68. iShares MSCI All Country Asia ex Japan ETF has a one year low of $65.30 and a one year high of $82.25. The company’s fifty day moving average price is $72.95 and its 200-day moving average price is $74.12.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.0738 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI All Country Asia ex Japan ETF

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index).