iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Share Price Cross Above 50-Day Moving Average – Here’s What Happened

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $109.67 and traded as high as $115.52. iShares MSCI All Country Asia ex Japan ETF shares last traded at $114.42, with a volume of 654,280 shares trading hands.

iShares MSCI All Country Asia ex Japan ETF Stock Up 2.1%

The company’s 50 day moving average price is $109.67 and its 200-day moving average price is $101.85. The stock has a market cap of $4.03 billion, a P/E ratio of 15.30 and a beta of 0.72.

Hedge Funds Weigh In On iShares MSCI All Country Asia ex Japan ETF

Several large investors have recently modified their holdings of the business. Pragma Gestao DE Patrimonio Ltd. raised its stake in iShares MSCI All Country Asia ex Japan ETF by 10.2% during the fourth quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock worth $61,962,000 after buying an additional 61,400 shares during the last quarter. Zurich Insurance Group Ltd FI raised its stake in iShares MSCI All Country Asia ex Japan ETF by 155.1% during the third quarter. Zurich Insurance Group Ltd FI now owns 97,790 shares of the exchange traded fund’s stock worth $9,091,000 after buying an additional 59,450 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares MSCI All Country Asia ex Japan ETF by 1.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,924,751 shares of the exchange traded fund’s stock worth $272,353,000 after buying an additional 43,806 shares during the last quarter. J.Safra Asset Management Corp raised its stake in iShares MSCI All Country Asia ex Japan ETF by 4.6% during the fourth quarter. J.Safra Asset Management Corp now owns 844,489 shares of the exchange traded fund’s stock worth $78,639,000 after buying an additional 37,240 shares during the last quarter. Finally, Climber Capital SA bought a new position in iShares MSCI All Country Asia ex Japan ETF during the fourth quarter worth $2,746,000.

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.