iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Share Price Cross Below 200-Day Moving Average – What’s Next?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $74.44 and traded as low as $69.73. iShares MSCI All Country Asia ex Japan ETF shares last traded at $70.01, with a volume of 328,897 shares trading hands.

iShares MSCI All Country Asia ex Japan ETF Stock Performance

The company has a market capitalization of $2.31 billion, a P/E ratio of 14.12 and a beta of 0.68. The firm has a 50 day moving average price of $73.71 and a two-hundred day moving average price of $74.44.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Finley Financial LLC acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF during the 4th quarter worth about $466,000. Tudor Investment Corp ET AL bought a new position in iShares MSCI All Country Asia ex Japan ETF during the 4th quarter worth approximately $1,000,000. Congress Asset Management Co. acquired a new position in iShares MSCI All Country Asia ex Japan ETF during the fourth quarter valued at approximately $1,557,000. Climber Capital SA bought a new stake in iShares MSCI All Country Asia ex Japan ETF in the fourth quarter valued at approximately $2,358,000. Finally, Fullerton Fund Management Co Ltd. raised its holdings in iShares MSCI All Country Asia ex Japan ETF by 640.7% in the fourth quarter. Fullerton Fund Management Co Ltd. now owns 41,421 shares of the exchange traded fund’s stock worth $2,990,000 after purchasing an additional 35,829 shares during the period.

iShares MSCI All Country Asia ex Japan ETF Company Profile

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).