iShares Asia 50 ETF $AIA Stock: TD Waterhouse Canada Inc. Trims Position

TD Waterhouse Canada Inc. lowered its position in iShares Asia 50 ETF (NASDAQ:AIA) by 98.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,531 shares of the company’s stock after selling 75,546 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares Asia 50 ETF were worth $219,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Avior Wealth Management LLC purchased a new position in shares of iShares Asia 50 ETF in the 3rd quarter valued at approximately $11,806,000. Elite Wealth Management Inc. bought a new stake in shares of iShares Asia 50 ETF during the first quarter valued at approximately $4,169,000. Allianz Asset Management GmbH bought a new stake in shares of iShares Asia 50 ETF during the second quarter valued at approximately $4,108,000. Bank of America Corp DE grew its stake in iShares Asia 50 ETF by 44.6% in the first quarter. Bank of America Corp DE now owns 28,086 shares of the company’s stock worth $2,981,000 after purchasing an additional 8,657 shares during the period. Finally, Royal Bank of Canada grew its stake in iShares Asia 50 ETF by 126.4% in the first quarter. Royal Bank of Canada now owns 15,913 shares of the company’s stock worth $1,689,000 after purchasing an additional 8,883 shares during the period.

iShares Asia 50 ETF Stock Up 0.9%

Shares of AIA stock opened at $127.69 on Friday. The business’s fifty day moving average is $139.11 and its 200 day moving average is $135.38. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of 13.81 and a beta of 0.87. iShares Asia 50 ETF has a twelve month low of $90.95 and a twelve month high of $150.83.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.