Spinnaker Trust Cuts Stock Position in iShares MSCI All Country Asia ex Japan ETF $AAXJ

Spinnaker Trust lowered its position in iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,738 shares of the exchange traded fund’s stock after selling 927 shares during the period. Spinnaker Trust owned approximately 0.12% of iShares MSCI All Country Asia ex Japan ETF worth $3,283,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GFG Capital LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the 2nd quarter worth approximately $112,000. Finley Financial LLC grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 15.9% in the 1st quarter. Finley Financial LLC now owns 7,590 shares of the exchange traded fund’s stock worth $557,000 after buying an additional 1,040 shares during the last quarter. Rathbones Group PLC grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 8.3% in the 1st quarter. Rathbones Group PLC now owns 21,069 shares of the exchange traded fund’s stock worth $1,559,000 after buying an additional 1,621 shares during the last quarter. DRW Securities LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the 1st quarter worth approximately $2,103,000. Finally, OLD Mission Capital LLC purchased a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the 1st quarter worth approximately $17,110,000.

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

NASDAQ:AAXJ opened at $96.20 on Thursday. The company has a market cap of $3.35 billion, a PE ratio of 15.30 and a beta of 0.60. iShares MSCI All Country Asia ex Japan ETF has a twelve month low of $64.33 and a twelve month high of $96.62. The company’s 50 day moving average is $90.62 and its two-hundred day moving average is $83.88.

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).