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

Shares of iShares Asia 50 ETF (NASDAQ:AIA) saw unusually-strong trading volume on Monday . Approximately 90,108 shares traded hands during trading, an increase of 20% from the previous session’s volume of 74,931 shares.The stock last traded at $75.29 and had previously closed at $75.09.

iShares Asia 50 ETF Stock Up 0.4 %

The firm’s 50-day moving average price is $72.62 and its 200 day moving average price is $71.16. The firm has a market cap of $791.91 million, a P/E ratio of 14.68 and a beta of 0.71.

Hedge Funds Weigh In On iShares Asia 50 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Finley Financial LLC bought a new position in iShares Asia 50 ETF in the 4th quarter valued at about $59,000. Aviso Financial Inc. grew its position in iShares Asia 50 ETF by 97.3% in the 4th quarter. Aviso Financial Inc. now owns 1,385 shares of the company’s stock valued at $94,000 after buying an additional 683 shares in the last quarter. Bank of Montreal Can grew its position in iShares Asia 50 ETF by 8.3% in the 4th quarter. Bank of Montreal Can now owns 4,558 shares of the company’s stock valued at $309,000 after buying an additional 349 shares in the last quarter. West Oak Capital LLC grew its position in iShares Asia 50 ETF by 1,433.3% in the 4th quarter. West Oak Capital LLC now owns 4,600 shares of the company’s stock valued at $312,000 after buying an additional 4,300 shares in the last quarter. Finally, Miracle Mile Advisors LLC bought a new position in iShares Asia 50 ETF in the 4th quarter valued at about $334,000.

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.