iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 12-Month High – Here’s Why

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high on Monday . The stock traded as high as $124.00 and last traded at $124.00, with a volume of 309 shares traded. The stock had previously closed at $123.30.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The business has a 50-day simple moving average of $114.35 and a 200-day simple moving average of $103.94. The firm has a market capitalization of $4.11 billion, a PE ratio of 15.30 and a beta of 0.72.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.4208 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

Several hedge funds and other institutional investors have recently bought and sold shares of AAXJ. Ameriprise Financial Inc. boosted its stake in iShares MSCI All Country Asia ex Japan ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock worth $1,597,000 after buying an additional 459 shares during the period. BNP Paribas Financial Markets raised its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 42.0% in the second quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock valued at $870,000 after acquiring an additional 3,115 shares during the period. Rathbones Group PLC raised its stake 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 acquiring an additional 898 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF in the 3rd quarter worth about $142,000. Finally, Zurich Insurance Group Ltd FI lifted its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 155.1% in the 3rd quarter. Zurich Insurance Group Ltd FI now owns 97,790 shares of the exchange traded fund’s stock worth $9,091,000 after acquiring an additional 59,450 shares during the last quarter.

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). 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.