iShares Asia 50 ETF (NASDAQ:AIA) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares Asia 50 ETF (NASDAQ:AIA) saw unusually-strong trading volume on Monday . Approximately 33,601 shares changed hands during trading, a decline of 8% from the previous session’s volume of 36,440 shares.The stock last traded at $74.98 and had previously closed at $76.82.

iShares Asia 50 ETF Stock Down 2.9 %

The firm has a market cap of $782.93 million, a PE ratio of 12.57 and a beta of 0.71. The company has a 50-day simple moving average of $70.00 and a two-hundred day simple moving average of $69.99.

iShares Asia 50 ETF Announces Dividend

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

Institutional Trading of iShares Asia 50 ETF

A number of large investors have recently added to or reduced their stakes in the stock. West Oak Capital LLC grew its position in shares of iShares Asia 50 ETF by 1,433.3% during the 4th quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock valued at $312,000 after acquiring an additional 4,300 shares during the period. DRW Securities LLC purchased a new position in iShares Asia 50 ETF in the third quarter valued at approximately $1,295,000. Jane Street Group LLC grew its holdings in iShares Asia 50 ETF by 31.4% during the third quarter. Jane Street Group LLC now owns 218,160 shares of the company’s stock valued at $15,769,000 after purchasing an additional 52,169 shares during the period. Activest Wealth Management purchased a new stake in iShares Asia 50 ETF in the third quarter worth $35,000. Finally, Kingsview Wealth Management LLC bought a new stake in shares of iShares Asia 50 ETF in the third quarter valued at $3,417,000.

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.