BlackRock Inc. Has $390.33 Million Position in iShares Asia 50 ETF (NASDAQ:AIA)

BlackRock Inc. raised its holdings in iShares Asia 50 ETF (NASDAQ:AIA – Get Rating) by 2.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,819,095 shares of the company’s stock after buying an additional 162,009 shares during the period. BlackRock Inc. owned 33.70% of iShares Asia 50 ETF worth $390,329,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Guardian Wealth Advisors LLC bought a new position in shares of iShares Asia 50 ETF in the 3rd quarter valued at about $31,000. Coastal Investment Advisors Inc. bought a new position in shares of iShares Asia 50 ETF in the 3rd quarter valued at about $48,000. Advisor Group Holdings Inc. grew its position in shares of iShares Asia 50 ETF by 5.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 4,254 shares of the company’s stock valued at $194,000 after acquiring an additional 221 shares during the period. Moors & Cabot Inc. bought a new position in shares of iShares Asia 50 ETF in the 2nd quarter valued at about $236,000. Finally, Eqis Capital Management Inc. grew its position in shares of iShares Asia 50 ETF by 13.7% in the 1st quarter. Eqis Capital Management Inc. now owns 4,338 shares of the company’s stock valued at $298,000 after acquiring an additional 522 shares during the period.

iShares Asia 50 ETF Stock Performance

Shares of AIA stock opened at $57.50 on Friday. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 10.57 and a beta of 0.69. The company has a 50-day simple moving average of $63.00 and a 200 day simple moving average of $60.48. iShares Asia 50 ETF has a 52 week low of $44.42 and a 52 week high of $71.26.

iShares Asia 50 ETF Increases Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Monday, December 19th. Investors of record on Wednesday, December 14th were issued a dividend of $0.95 per share. This is an increase from iShares Asia 50 ETF’s previous Semi-Annual dividend of $0.73. The ex-dividend date was Tuesday, December 13th.

iShares Asia 50 ETF Profile

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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.