9,586 Shares in iShares Asia 50 ETF $AIA Bought by C M Bidwell & Associates Ltd.

C M Bidwell & Associates Ltd. bought a new stake in iShares Asia 50 ETF (NASDAQ:AIA) during the second quarter, Holdings Channel reports. The fund bought 9,586 shares of the company’s stock, valued at approximately $949,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in shares of iShares Asia 50 ETF by 168.7% during the first quarter. Royal Bank of Canada now owns 24,403 shares of the company’s stock worth $1,766,000 after purchasing an additional 15,321 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in iShares Asia 50 ETF in the 1st quarter worth approximately $355,000. NewEdge Advisors LLC grew its position in iShares Asia 50 ETF by 5.3% in the second quarter. NewEdge Advisors LLC now owns 6,200 shares of the company’s stock valued at $503,000 after acquiring an additional 313 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares Asia 50 ETF by 7.6% during the second quarter. Raymond James Financial Inc. now owns 13,700 shares of the company’s stock valued at $1,110,000 after purchasing an additional 966 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Asia 50 ETF by 11.9% during the second quarter. Ameriprise Financial Inc. now owns 132,423 shares of the company’s stock worth $10,735,000 after purchasing an additional 14,134 shares in the last quarter.

iShares Asia 50 ETF Trading Up 0.5%

Shares of AIA stock opened at $138.77 on Friday. The firm has a fifty day simple moving average of $137.06 and a 200-day simple moving average of $126.28. The company has a market capitalization of $4.86 billion, a PE ratio of 13.81 and a beta of 0.88. iShares Asia 50 ETF has a twelve month low of $84.00 and a twelve month high of $150.83.

iShares Asia 50 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.5145 dividend. 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.