iShares Asia 50 ETF (NASDAQ:AIA) Hits New 1-Year High at $70.61

iShares Asia 50 ETF (NASDAQ:AIA) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $70.61 and last traded at $70.46, with a volume of 8779 shares traded. The stock had previously closed at $69.96.

iShares Asia 50 ETF Price Performance

The company has a market cap of $1.69 billion, a PE ratio of 12.57 and a beta of 0.71. The company has a 50-day moving average of $66.89 and a 200 day moving average of $61.22.

iShares Asia 50 ETF Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.3784 per share. The ex-dividend date was Tuesday, June 11th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Activest Wealth Management purchased a new position in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $73,000. International Assets Investment Management LLC bought a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $165,000. CWM LLC bought a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $172,000. City Holding Co. raised its stake in shares of iShares Asia 50 ETF by 13.3% during the first quarter. City Holding Co. now owns 3,415 shares of the company’s stock valued at $207,000 after acquiring an additional 400 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of iShares Asia 50 ETF during the fourth quarter valued at approximately $200,000.

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.