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

iShares Asia 50 ETF (NASDAQ:AIA) saw unusually-high trading volume on Thursday . Approximately 14,346 shares changed hands during trading, a decline of 23% from the previous session’s volume of 18,512 shares.The stock last traded at $69.44 and had previously closed at $69.86.

iShares Asia 50 ETF Stock Performance

The stock’s 50-day moving average price is $69.05 and its two-hundred day moving average price is $69.17. The stock has a market capitalization of $732.47 million, a PE ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Announces Dividend

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

Hedge Funds Weigh In On iShares Asia 50 ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC increased its holdings in 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 buying an additional 52,169 shares in the last quarter. Flow Traders U.S. LLC grew its stake in shares of iShares Asia 50 ETF by 89.8% in the third quarter. Flow Traders U.S. LLC now owns 114,220 shares of the company’s stock worth $8,256,000 after acquiring an additional 54,055 shares during the period. Kingsview Wealth Management LLC purchased a new position in shares of iShares Asia 50 ETF during the third quarter valued at approximately $3,417,000. Bank of Montreal Can lifted its position in iShares Asia 50 ETF by 1,142.7% during the second quarter. Bank of Montreal Can now owns 47,159 shares of the company’s stock valued at $3,206,000 after purchasing an additional 43,364 shares during the period. Finally, MML Investors Services LLC boosted its holdings 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 worth $1,488,000 after purchasing an additional 760 shares during the last quarter.

About iShares Asia 50 ETF

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.