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iShares Asia 50 ETF (NASDAQ:AIA) Reaches New 1-Year High at $67.52


iShares Asia 50 ETF (NASDAQ:AIA) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $67.52 and last traded at $67.41, with a volume of 35245 shares changing hands. The stock had previously closed at $66.83.

The stock has a 50-day moving average price of $64.37 and a 200-day moving average price of $60.88.

The business also recently announced a semi-annual dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.0602 dividend. This is an increase from iShares Asia 50 ETF’s previous semi-annual dividend of $0.77. This represents a yield of 2.3%. The ex-dividend date of this dividend was Monday, December 16th.

Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC purchased a new stake in iShares Asia 50 ETF during the third quarter valued at about $62,000. Laurel Wealth Advisors Inc. bought a new stake in iShares Asia 50 ETF in the 2nd quarter worth approximately $208,000. Cypress Wealth Services LLC bought a new stake in iShares Asia 50 ETF in the 3rd quarter worth approximately $321,000. Armor Investment Advisors LLC lifted its position in iShares Asia 50 ETF by 10.9% in the 2nd quarter. Armor Investment Advisors LLC now owns 5,390 shares of the company’s stock worth $330,000 after buying an additional 530 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in iShares Asia 50 ETF by 56.1% in the second quarter. Royal Bank of Canada now owns 8,447 shares of the company’s stock worth $518,000 after buying an additional 3,035 shares in the last quarter.

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About iShares Asia 50 ETF (NASDAQ:AIA)

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.

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