McAdam LLC Lowers Holdings in iShares Asia 50 ETF (NASDAQ:AIA)

McAdam LLC decreased its holdings in iShares Asia 50 ETF (NASDAQ:AIA) by 9.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,124 shares of the company’s stock after selling 702 shares during the quarter. McAdam LLC’s holdings in iShares Asia 50 ETF were worth $483,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC lifted 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 purchasing an additional 52,169 shares in the last quarter. Flow Traders U.S. LLC raised its position in shares of iShares Asia 50 ETF by 89.8% during the third quarter. Flow Traders U.S. LLC now owns 114,220 shares of the company’s stock valued at $8,256,000 after buying an additional 54,055 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in shares of iShares Asia 50 ETF in the third quarter worth $3,417,000. MML Investors Services LLC boosted its position in shares of iShares Asia 50 ETF by 3.8% during the third quarter. MML Investors Services LLC now owns 20,585 shares of the company’s stock worth $1,488,000 after acquiring an additional 760 shares during the last quarter. Finally, DRW Securities LLC purchased a new position in iShares Asia 50 ETF during the third quarter valued at $1,295,000.

iShares Asia 50 ETF Stock Down 1.4 %

Shares of AIA stock opened at $69.87 on Monday. The company’s fifty day simple moving average is $69.09 and its two-hundred day simple moving average is $69.13. iShares Asia 50 ETF has a 52 week low of $54.27 and a 52 week high of $77.44. The stock has a market cap of $733.64 million, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

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

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.