iShares Asia 50 ETF (NASDAQ:AIA) Declares $1.63 Dividend
by Sarita Garza · The Markets DailyiShares Asia 50 ETF (NASDAQ:AIA – Get Free Report) declared a dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be given a dividend of 1.6251 per share on Friday, December 19th. This represents a yield of 343.0%. The ex-dividend date is Tuesday, December 16th.
iShares Asia 50 ETF Trading Down 0.4%
NASDAQ AIA opened at $94.86 on Tuesday. The business’s 50-day moving average price is $96.64 and its 200 day moving average price is $88.98. iShares Asia 50 ETF has a twelve month low of $59.91 and a twelve month high of $101.22. The company has a market capitalization of $1.40 billion, a PE ratio of 13.81 and a beta of 0.70.
Institutional Investors Weigh In On iShares Asia 50 ETF
Several hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. increased its position in iShares Asia 50 ETF by 11.9% during the second quarter. Ameriprise Financial Inc. now owns 132,423 shares of the company’s stock worth $10,735,000 after purchasing an additional 14,134 shares during the last quarter. Creative Planning acquired a new position in shares of iShares Asia 50 ETF in the 3rd quarter valued at $5,217,000. EWG Elevate Inc. grew its stake in shares of iShares Asia 50 ETF by 9.8% during the 3rd quarter. EWG Elevate Inc. now owns 52,163 shares of the company’s stock valued at $4,935,000 after buying an additional 4,663 shares during the period. Bank of America Corp DE increased its holdings 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 buying an additional 36,462 shares during the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new stake in shares of iShares Asia 50 ETF during the 3rd quarter worth $4,518,000.
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.
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