iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 12-Month High – Should You Buy?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $98.26 and last traded at $98.3890, with a volume of 208028 shares changing hands. The stock had previously closed at $97.61.

iShares MSCI All Country Asia ex Japan ETF Trading Up 1.4%

The business’s fifty day simple moving average is $93.22 and its two-hundred day simple moving average is $89.81. The stock has a market capitalization of $3.25 billion, a P/E ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.1246 dividend. This represents a dividend yield of 250.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. GFG Capital LLC bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the 2nd quarter worth $112,000. J.Safra Asset Management Corp lifted its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 3.5% in the second quarter. J.Safra Asset Management Corp now owns 778,720 shares of the exchange traded fund’s stock worth $64,361,000 after acquiring an additional 26,563 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 13.7% in the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,399,830 shares of the exchange traded fund’s stock valued at $115,654,000 after purchasing an additional 168,810 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the 2nd quarter valued at approximately $502,000. Finally, Pragma Gestao DE Patrimonio Ltd. increased its position in iShares MSCI All Country Asia ex Japan ETF by 232.9% during the 2nd quarter. Pragma Gestao DE Patrimonio Ltd. now owns 799,000 shares of the exchange traded fund’s stock worth $66,013,000 after purchasing an additional 559,000 shares in the last quarter.

iShares MSCI All Country Asia ex Japan ETF Company Profile

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.