iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sets New 52-Week High – Here’s Why

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) reached a new 52-week high during trading on Wednesday . The company traded as high as $102.08 and last traded at $102.01, with a volume of 494885 shares changing hands. The stock had previously closed at $100.11.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 15.30 and a beta of 0.60. The company has a 50-day moving average price of $94.91 and a 200-day moving average price of $91.36.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $1.1246 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 250.0%.

Hedge Funds Weigh In On iShares MSCI All Country Asia ex Japan ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in AAXJ. iA Global Asset Management Inc. increased its position in shares of iShares MSCI All Country Asia ex Japan ETF by 1.5% in the 3rd quarter. iA Global Asset Management Inc. now owns 28,599 shares of the exchange traded fund’s stock valued at $2,609,000 after buying an additional 434 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares MSCI All Country Asia ex Japan ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 459 shares during the period. Rathbones Group PLC increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 4.4% in the third quarter. Rathbones Group PLC now owns 21,230 shares of the exchange traded fund’s stock worth $1,937,000 after acquiring an additional 898 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% during the third quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock worth $175,000 after purchasing an additional 1,294 shares during the period. Finally, GFG Capital LLC bought a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the 2nd quarter valued at about $112,000.

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). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.