iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 52-Week High – Still a Buy?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $102.08 and last traded at $102.01, with a volume of 494885 shares trading hands. The stock had previously closed at $100.11.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The company’s 50-day moving average price is $94.46 and its two-hundred day moving average price is $91.20. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given 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 Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. J.Safra Asset Management Corp increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 3.4% during the third quarter. J.Safra Asset Management Corp now owns 807,249 shares of the exchange traded fund’s stock valued at $73,637,000 after acquiring an additional 26,339 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the second quarter valued at $502,000. Pragma Gestao DE Patrimonio Ltd. grew its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 232.9% during the second quarter. Pragma Gestao DE Patrimonio Ltd. now owns 799,000 shares of the exchange traded fund’s stock valued at $66,013,000 after buying an additional 559,000 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of iShares MSCI All Country Asia ex Japan ETF by 13.7% during the second quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,399,830 shares of the exchange traded fund’s stock worth $115,654,000 after acquiring an additional 168,810 shares in the last quarter. Finally, Saranac Partners Ltd acquired a new stake in shares of iShares MSCI All Country Asia ex Japan ETF in the 3rd quarter worth about $228,000.

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.