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

iShares Asia 50 ETF (NASDAQ:AIA) saw an uptick in trading volume on Monday . 90,108 shares were traded during trading, an increase of 20% from the previous session’s volume of 74,931 shares.The stock last traded at $75.29 and had previously closed at $75.09.

iShares Asia 50 ETF Stock Up 0.4 %

The firm has a market capitalization of $791.91 million, a PE ratio of 14.68 and a beta of 0.71. The business’s fifty day moving average price is $72.62 and its 200 day moving average price is $71.16.

Institutional Investors Weigh In On iShares Asia 50 ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AIA. Finley Financial LLC purchased a new stake in shares of iShares Asia 50 ETF during the fourth quarter worth about $59,000. Aviso Financial Inc. grew its stake in iShares Asia 50 ETF by 97.3% during the fourth quarter. Aviso Financial Inc. now owns 1,385 shares of the company’s stock worth $94,000 after buying an additional 683 shares during the period. Bank of Montreal Can grew its stake in iShares Asia 50 ETF by 8.3% during the fourth quarter. Bank of Montreal Can now owns 4,558 shares of the company’s stock worth $309,000 after buying an additional 349 shares during the period. West Oak Capital LLC grew its stake in iShares Asia 50 ETF by 1,433.3% during 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 during the period. Finally, Miracle Mile Advisors LLC purchased a new stake in iShares Asia 50 ETF during the fourth quarter worth approximately $334,000.

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.