iShares Asia 50 ETF (NASDAQ:AIA) Sees Large Volume Increase

Shares of iShares Asia 50 ETF (NASDAQ:AIA) saw an uptick in trading volume on Wednesday . 712,520 shares were traded during mid-day trading, an increase of 862% from the previous session’s volume of 74,054 shares.The stock last traded at $65.29 and had previously closed at $65.12.

iShares Asia 50 ETF Trading Down 2.7 %

The firm has a market cap of $1.47 billion, a P/E ratio of 12.57 and a beta of 0.71. The company has a fifty day moving average price of $66.94 and a two-hundred day moving average price of $64.15.

iShares Asia 50 ETF Announces Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a $0.3784 dividend. The ex-dividend date was Tuesday, June 11th.

Hedge Funds Weigh In On iShares Asia 50 ETF

Several large investors have recently modified their holdings of the business. City Holding Co. increased its position in shares of iShares Asia 50 ETF by 13.3% during the first quarter. City Holding Co. now owns 3,415 shares of the company’s stock worth $207,000 after buying an additional 400 shares during the period. Advisory Services Network LLC bought a new position in shares of iShares Asia 50 ETF in the 4th quarter worth about $200,000. Upper Left Wealth Management LLC lifted its stake in shares of iShares Asia 50 ETF by 5.3% in the 2nd quarter. Upper Left Wealth Management LLC now owns 5,835 shares of the company’s stock valued at $392,000 after purchasing an additional 292 shares during the period. Marshall Wace LLP boosted its position in shares of iShares Asia 50 ETF by 68.1% during the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock valued at $474,000 after purchasing an additional 2,860 shares in the last quarter. Finally, Avalon Capital Management acquired a new stake in iShares Asia 50 ETF during the second quarter worth approximately $2,030,000.

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.