iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Hits New 12-Month High – Still a Buy?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) shares hit a new 52-week high on Thursday . The stock traded as high as $99.80 and last traded at $99.8240, with a volume of 137938 shares traded. The stock had previously closed at $98.93.

iShares MSCI All Country Asia ex Japan ETF Trading Up 0.6%

The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 15.30 and a beta of 0.60. The company has a fifty day moving average price of $94.12 and a 200-day moving average price of $90.83.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $1.1246 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 250.0%.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. iA Global Asset Management Inc. grew its stake in iShares MSCI All Country Asia ex Japan ETF by 1.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 28,599 shares of the exchange traded fund’s stock valued at $2,609,000 after acquiring an additional 434 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock worth $1,597,000 after purchasing an additional 459 shares during the last quarter. Rathbones Group PLC grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 4.4% in the third quarter. Rathbones Group PLC now owns 21,230 shares of the exchange traded fund’s stock valued at $1,937,000 after purchasing an additional 898 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% in the third quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock valued at $175,000 after purchasing an additional 1,294 shares during the last quarter. Finally, GFG Capital LLC purchased a new position in iShares MSCI All Country Asia ex Japan ETF during the second quarter worth approximately $112,000.

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.