iShares Asia 50 ETF (NASDAQ:AIA) Reaches New 12-Month High at $64.47

iShares Asia 50 ETF (NASDAQ:AIA)’s share price reached a new 52-week high on Friday . The company traded as high as $64.47 and last traded at $64.11, with a volume of 13416 shares trading hands. The stock had previously closed at $63.67.

iShares Asia 50 ETF Price Performance

The firm has a market cap of $1.52 billion, a P/E ratio of 12.57 and a beta of 1.10. The business’s 50-day moving average is $60.14 and its two-hundred day moving average is $57.64.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC grew its position in shares of iShares Asia 50 ETF by 3.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,074 shares of the company’s stock valued at $448,000 after acquiring an additional 305 shares during the period. City Holding Co. boosted its holdings in shares of iShares Asia 50 ETF by 13.3% during the 1st quarter. City Holding Co. now owns 3,415 shares of the company’s stock worth $207,000 after buying an additional 400 shares during the period. Activest Wealth Management bought a new stake in shares of iShares Asia 50 ETF during the 4th quarter worth about $73,000. Upper Left Wealth Management LLC boosted its holdings in shares of iShares Asia 50 ETF by 3.7% during the 4th quarter. Upper Left Wealth Management LLC now owns 40,362 shares of the company’s stock worth $2,340,000 after buying an additional 1,457 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares Asia 50 ETF by 3.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 44,543 shares of the company’s stock worth $2,704,000 after buying an additional 1,615 shares during the period.

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.