iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Stock Price Pass Above 200 Day Moving Average – Here’s Why

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $73.75 and traded as high as $74.31. iShares MSCI All Country Asia ex Japan ETF shares last traded at $74.01, with a volume of 257,572 shares trading hands.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The firm’s 50 day moving average price is $76.88 and its 200 day moving average price is $73.75. The stock has a market capitalization of $2.52 billion, a P/E ratio of 13.34 and a beta of 0.68.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Innealta Capital LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the 2nd quarter valued at approximately $56,000. Rathbones Group PLC raised its holdings in iShares MSCI All Country Asia ex Japan ETF by 1.3% in the second quarter. Rathbones Group PLC now owns 18,527 shares of the exchange traded fund’s stock worth $1,334,000 after purchasing an additional 239 shares in the last quarter. Nicholas Hoffman & Company LLC. lifted its position in iShares MSCI All Country Asia ex Japan ETF by 2.2% during the second quarter. Nicholas Hoffman & Company LLC. now owns 42,689 shares of the exchange traded fund’s stock valued at $3,073,000 after buying an additional 938 shares during the period. Finally, iA Global Asset Management Inc. lifted its position in iShares MSCI All Country Asia ex Japan ETF by 14.2% during the first quarter. iA Global Asset Management Inc. now owns 43,413 shares of the exchange traded fund’s stock valued at $2,941,000 after buying an additional 5,390 shares during the period.

About iShares MSCI All Country Asia ex Japan ETF

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index).