iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Share Price Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $73.98 and traded as low as $72.09. iShares MSCI All Country Asia ex Japan ETF shares last traded at $72.23, with a volume of 1,293,151 shares traded.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 13.34 and a beta of 0.68. The company has a fifty day simple moving average of $73.13 and a two-hundred day simple moving average of $73.98.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.0738 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

A number of hedge funds have recently added to or reduced their stakes in AAXJ. Finley Financial LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the 4th quarter worth about $466,000. iA Global Asset Management Inc. increased its position in iShares MSCI All Country Asia ex Japan ETF by 15.4% during the third quarter. iA Global Asset Management Inc. now owns 49,746 shares of the exchange traded fund’s stock worth $3,903,000 after purchasing an additional 6,640 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in iShares MSCI All Country Asia ex Japan ETF by 25.3% during the third quarter. JPMorgan Chase & Co. now owns 3,982,841 shares of the exchange traded fund’s stock worth $312,454,000 after purchasing an additional 804,213 shares during the period.

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).