Phillip James Consulting Co. Acquires Shares of 5,707 iShares Asia 50 ETF $AIA

Phillip James Consulting Co. acquired a new stake in iShares Asia 50 ETF (NASDAQ:AIA) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,707 shares of the company’s stock, valued at approximately $606,000.

A number of other hedge funds also recently modified their holdings of AIA. Assetmark Inc. boosted its holdings in shares of iShares Asia 50 ETF by 23.5% during the 1st quarter. Assetmark Inc. now owns 942 shares of the company’s stock worth $100,000 after buying an additional 179 shares during the period. Sigma Planning Corp bought a new position in iShares Asia 50 ETF in the 1st quarter valued at about $234,000. Fifth Third Bancorp bought a new position in iShares Asia 50 ETF in the 1st quarter valued at about $61,000. Y Intercept Hong Kong Ltd bought a new position in iShares Asia 50 ETF in the 1st quarter valued at about $752,000. Finally, Patten Group Inc. lifted its position in iShares Asia 50 ETF by 16.7% during the first quarter. Patten Group Inc. now owns 3,001 shares of the company’s stock worth $319,000 after acquiring an additional 430 shares during the last quarter.

iShares Asia 50 ETF Stock Up 3.4%

Shares of NASDAQ:AIA opened at $136.32 on Wednesday. iShares Asia 50 ETF has a 12-month low of $81.52 and a 12-month high of $150.83. The stock has a market cap of $4.70 billion, a PE ratio of 13.81 and a beta of 0.86. The business has a 50 day moving average of $138.72 and a 200-day moving average of $121.71.

iShares Asia 50 ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.5145 per share. The ex-dividend date of this dividend was Monday, June 15th.

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