iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Hits New 1-Year High – What’s Next?

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high on Tuesday . The company traded as high as $118.00 and last traded at $118.00, with a volume of 20200 shares. The stock had previously closed at $114.24.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The firm has a market capitalization of $4.15 billion, a P/E ratio of 15.30 and a beta of 0.70. The stock has a fifty day simple moving average of $105.49 and a two-hundred day simple moving average of $100.09.

Institutional Investors Weigh In On iShares MSCI All Country Asia ex Japan ETF

A number of hedge funds have recently added to or reduced their stakes in AAXJ. Pragma Gestao DE Patrimonio Ltd. increased its holdings in iShares MSCI All Country Asia ex Japan ETF by 10.2% in the fourth quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock worth $61,962,000 after purchasing an additional 61,400 shares in the last quarter. Zurich Insurance Group Ltd FI increased its holdings in iShares MSCI All Country Asia ex Japan ETF by 155.1% in the third quarter. Zurich Insurance Group Ltd FI now owns 97,790 shares of the exchange traded fund’s stock worth $9,091,000 after purchasing an additional 59,450 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares MSCI All Country Asia ex Japan ETF by 1.5% in the fourth quarter. JPMorgan Chase & Co. now owns 2,924,751 shares of the exchange traded fund’s stock worth $272,353,000 after purchasing an additional 43,806 shares in the last quarter. J.Safra Asset Management Corp increased its holdings in iShares MSCI All Country Asia ex Japan ETF by 4.6% in the fourth quarter. J.Safra Asset Management Corp now owns 844,489 shares of the exchange traded fund’s stock worth $78,639,000 after purchasing an additional 37,240 shares in the last quarter. Finally, Climber Capital SA bought a new stake in iShares MSCI All Country Asia ex Japan ETF in the fourth quarter worth approximately $2,746,000.

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.