Mirae Asset Global Investments Co. Ltd. Sells 49,437 Shares of iShares Asia 50 ETF (NASDAQ:AIA)

Mirae Asset Global Investments Co. Ltd. cut its stake in shares of iShares Asia 50 ETF (NASDAQ:AIA) by 68.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,690 shares of the company’s stock after selling 49,437 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Asia 50 ETF were worth $1,548,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AIA. Twelve Points Wealth Management LLC increased its holdings in iShares Asia 50 ETF by 1.1% during the 4th quarter. Twelve Points Wealth Management LLC now owns 14,149 shares of the company’s stock worth $960,000 after acquiring an additional 160 shares during the period. Activest Wealth Management bought a new position in shares of iShares Asia 50 ETF in the third quarter worth $35,000. MML Investors Services LLC increased its holdings in shares of iShares Asia 50 ETF by 3.8% in the third quarter. MML Investors Services LLC now owns 20,585 shares of the company’s stock worth $1,488,000 after purchasing an additional 760 shares during the period. Finley Financial LLC purchased a new stake in shares of iShares Asia 50 ETF in the fourth quarter worth $59,000. Finally, Insigneo Advisory Services LLC boosted its stake in iShares Asia 50 ETF by 23.7% during the third quarter. Insigneo Advisory Services LLC now owns 8,781 shares of the company’s stock valued at $635,000 after buying an additional 1,685 shares during the period.

iShares Asia 50 ETF Stock Up 2.0 %

Shares of NASDAQ AIA opened at $72.68 on Tuesday. The stock’s 50-day simple moving average is $69.23 and its two-hundred day simple moving average is $69.27. iShares Asia 50 ETF has a twelve month low of $56.00 and a twelve month high of $77.44. The firm has a market capitalization of $763.14 million, a P/E ratio of 12.57 and a beta of 0.71.

iShares Asia 50 ETF Dividend Announcement

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

iShares Asia 50 ETF 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.