Kingsview Wealth Management LLC Invests $3.42 Million in iShares Asia 50 ETF (NASDAQ:AIA)

Kingsview Wealth Management LLC purchased a new stake in iShares Asia 50 ETF (NASDAQ:AIA) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 47,275 shares of the company’s stock, valued at approximately $3,417,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Activest Wealth Management purchased a new position in iShares Asia 50 ETF during the third quarter valued at $35,000. Patten Group Inc. acquired a new position in shares of iShares Asia 50 ETF during the 3rd quarter worth about $203,000. Upper Left Wealth Management LLC lifted its stake in 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 buying an additional 292 shares in the last quarter. Marshall Wace LLP boosted its holdings in iShares Asia 50 ETF by 68.1% in the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after buying an additional 2,860 shares during the last quarter. Finally, Avalon Capital Management purchased a new stake in iShares Asia 50 ETF during the 2nd quarter worth approximately $2,030,000.

iShares Asia 50 ETF Price Performance

NASDAQ AIA opened at $69.34 on Monday. The stock’s 50 day simple moving average is $71.98 and its 200-day simple moving average is $68.52. The company has a market cap of $832.08 million, a PE ratio of 12.57 and a beta of 0.71. iShares Asia 50 ETF has a 1-year low of $52.02 and a 1-year high of $77.44.

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.