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

iShares Asia 50 ETF (NASDAQ:AIA) shares saw unusually-strong trading volume on Tuesday . Approximately 9,325 shares changed hands during mid-day trading, a decline of 16% from the previous session’s volume of 11,053 shares.The stock last traded at $68.67 and had previously closed at $69.40.

iShares Asia 50 ETF Price Performance

The business’s 50 day simple moving average is $69.87 and its 200-day simple moving average is $69.16. The stock has a market capitalization of $712.32 million, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

The business also recently declared 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 was Tuesday, December 17th.

Institutional Investors Weigh In On iShares Asia 50 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MML Investors Services LLC increased its stake in iShares Asia 50 ETF by 3.8% in the third quarter. MML Investors Services LLC now owns 20,585 shares of the company’s stock valued at $1,488,000 after purchasing an additional 760 shares in the last quarter. Insigneo Advisory Services LLC grew its holdings in shares of iShares Asia 50 ETF by 23.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock valued at $635,000 after buying an additional 1,685 shares during the period. Jane Street Group LLC increased its position 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 valued at $15,769,000 after buying an additional 52,169 shares in the last quarter. Flow Traders U.S. LLC raised its stake in iShares Asia 50 ETF by 89.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 114,220 shares of the company’s stock worth $8,256,000 after buying an additional 54,055 shares during the period. Finally, Walleye Capital LLC acquired a new stake in iShares Asia 50 ETF during the 3rd quarter worth $393,000.

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.