Bank of America Corp DE Boosts Position in iShares Asia 50 ETF (NASDAQ:AIA)

Bank of America Corp DE grew its holdings in shares of iShares Asia 50 ETF (NASDAQ:AIA) by 101.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,309 shares of the company’s stock after buying an additional 12,751 shares during the period. Bank of America Corp DE owned 0.24% of iShares Asia 50 ETF worth $1,717,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in AIA. Uniting Wealth Partners LLC purchased a new stake in iShares Asia 50 ETF in the fourth quarter worth $1,391,000. Raymond James Financial Inc. purchased a new stake in iShares Asia 50 ETF in the fourth quarter worth $390,000. NewEdge Advisors LLC grew its stake in iShares Asia 50 ETF by 1,179.8% in the fourth quarter. NewEdge Advisors LLC now owns 5,887 shares of the company’s stock worth $399,000 after purchasing an additional 5,427 shares during the period. Insigneo Advisory Services LLC grew its stake in iShares Asia 50 ETF by 55.8% in the fourth quarter. Insigneo Advisory Services LLC now owns 13,679 shares of the company’s stock worth $928,000 after purchasing an additional 4,898 shares during the period. Finally, Marshall Wace LLP grew its stake in iShares Asia 50 ETF by 64.8% in the fourth quarter. Marshall Wace LLP now owns 8,735 shares of the company’s stock worth $592,000 after purchasing an additional 3,435 shares during the period.

iShares Asia 50 ETF Stock Up 0.6%

Shares of AIA stock opened at $76.26 on Wednesday. The stock has a market cap of $686.34 million, a price-to-earnings ratio of 13.63 and a beta of 0.71. The business’s fifty day moving average is $71.31 and its 200 day moving average is $71.28. iShares Asia 50 ETF has a twelve month low of $59.33 and a twelve month high of $77.87.

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.