iShares Asia 50 ETF (NASDAQ:AIA) Sees Strong Trading Volume – What’s Next?

Shares of iShares Asia 50 ETF (NASDAQ:AIA) saw unusually-strong trading volume on Friday . Approximately 82,893 shares changed hands during mid-day trading, an increase of 214% from the previous session’s volume of 26,360 shares.The stock last traded at $71.25 and had previously closed at $70.95.

iShares Asia 50 ETF Stock Up 0.4 %

The firm has a market capitalization of $747.92 million, a price-to-earnings ratio of 12.57 and a beta of 0.71. The business has a 50-day moving average of $69.19 and a two-hundred day moving average of $69.20.

iShares Asia 50 ETF Dividend Announcement

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

Institutional Trading of iShares Asia 50 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. West Oak Capital LLC boosted its stake in shares of iShares Asia 50 ETF by 1,433.3% in the 4th quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock valued at $312,000 after purchasing an additional 4,300 shares in the last quarter. DRW Securities LLC bought a new position in shares of iShares Asia 50 ETF in the third quarter valued at approximately $1,295,000. Jane Street Group LLC boosted its holdings in shares of iShares Asia 50 ETF by 31.4% in the 3rd quarter. Jane Street Group LLC now owns 218,160 shares of the company’s stock worth $15,769,000 after acquiring an additional 52,169 shares in the last quarter. Marshall Wace LLP grew its position in iShares Asia 50 ETF by 68.1% during the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after acquiring an additional 2,860 shares during the last quarter. Finally, Activest Wealth Management acquired a new stake in iShares Asia 50 ETF during the 3rd quarter valued at $35,000.

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.