iShares Asia 50 ETF (NASDAQ:AIA) Hits New 52-Week High at $68.90

iShares Asia 50 ETF (NASDAQ:AIA)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $68.90 and last traded at $68.82, with a volume of 34163 shares trading hands. The stock had previously closed at $67.99.

iShares Asia 50 ETF Trading Up 1.5 %

The firm has a market cap of $1.62 billion, a PE ratio of 12.57 and a beta of 0.71. The company’s 50-day moving average is $66.08 and its 200 day moving average is $60.75.

iShares Asia 50 ETF Announces Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.3784 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. City Holding Co. grew its stake in iShares Asia 50 ETF by 13.3% in the 1st quarter. City Holding Co. now owns 3,415 shares of the company’s stock valued at $207,000 after buying an additional 400 shares during the last quarter. Activest Wealth Management acquired a new position in iShares Asia 50 ETF in the 4th quarter valued at $73,000. Upper Left Wealth Management LLC grew its stake in iShares Asia 50 ETF by 3.7% in the 4th quarter. Upper Left Wealth Management LLC now owns 40,362 shares of the company’s stock valued at $2,340,000 after buying an additional 1,457 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in iShares Asia 50 ETF by 3.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 44,543 shares of the company’s stock valued at $2,704,000 after buying an additional 1,615 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in iShares Asia 50 ETF in the 4th quarter valued at $165,000.

About iShares Asia 50 ETF

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.