iShares Asia 50 ETF (NASDAQ:AIA) Sees Unusually-High Trading Volume – What’s Next?

by · The Cerbat Gem

Shares of iShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) saw an uptick in trading volume on Tuesday . 453,241 shares traded hands during mid-day trading, an increase of 340% from the previous session’s volume of 103,065 shares.The stock last traded at $94.4160 and had previously closed at $94.41.

iShares Asia 50 ETF Stock Performance

The firm has a market capitalization of $1.41 billion, a P/E ratio of 13.81 and a beta of 0.70. The stock has a 50 day moving average of $96.25 and a two-hundred day moving average of $87.09.

Institutional Trading of iShares Asia 50 ETF

Institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC acquired a new position in iShares Asia 50 ETF during the third quarter worth $78,000. Susquehanna International Group LLP boosted its stake in shares of iShares Asia 50 ETF by 11.3% in the 3rd quarter. Susquehanna International Group LLP now owns 30,887 shares of the company’s stock valued at $2,922,000 after purchasing an additional 3,131 shares in the last quarter. Lido Advisors LLC grew its holdings in shares of iShares Asia 50 ETF by 53.0% in the 3rd quarter. Lido Advisors LLC now owns 8,560 shares of the company’s stock worth $810,000 after purchasing an additional 2,964 shares during the last quarter. Citadel Advisors LLC increased its position in shares of iShares Asia 50 ETF by 472.9% during the 3rd quarter. Citadel Advisors LLC now owns 14,414 shares of the company’s stock worth $1,364,000 after purchasing an additional 11,898 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of iShares Asia 50 ETF by 274.1% during the 3rd quarter. Bank of America Corp DE now owns 49,766 shares of the company’s stock worth $4,708,000 after purchasing an additional 36,462 shares in the last quarter.

iShares Asia 50 ETF Company Profile

(Get Free Report)

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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