iShares Asia 50 ETF (NASDAQ:AIA) Sees Unusually-High Trading Volume

iShares Asia 50 ETF (NASDAQ:AIA) shares saw unusually-high trading volume on Tuesday . Approximately 39,471 shares were traded during mid-day trading, a decline of 23% from the previous session’s volume of 51,300 shares.The stock last traded at $67.68 and had previously closed at $66.99.

iShares Asia 50 ETF Stock Performance

The stock’s fifty day simple moving average is $64.11 and its two-hundred day simple moving average is $59.78. The stock has a market capitalization of $1.59 billion, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. City Holding Co. increased its holdings in iShares Asia 50 ETF by 13.3% in the first quarter. City Holding Co. now owns 3,415 shares of the company’s stock worth $207,000 after purchasing an additional 400 shares in the last quarter. Activest Wealth Management bought a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at $73,000. Upper Left Wealth Management LLC lifted its position in shares of iShares Asia 50 ETF by 3.7% during the 4th quarter. Upper Left Wealth Management LLC now owns 40,362 shares of the company’s stock valued at $2,340,000 after acquiring an additional 1,457 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in iShares Asia 50 ETF by 3.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 44,543 shares of the company’s stock worth $2,704,000 after acquiring an additional 1,615 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in iShares Asia 50 ETF in the fourth quarter worth $165,000.

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.