Envestnet Asset Management Inc. Acquires 2,632 Shares of iShares Asia 50 ETF (NASDAQ:AIA)

Envestnet Asset Management Inc. boosted its holdings in iShares Asia 50 ETF (NASDAQ:AIA) by 12.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,918 shares of the company’s stock after acquiring an additional 2,632 shares during the quarter. Envestnet Asset Management Inc. owned 0.27% of iShares Asia 50 ETF worth $1,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Insigneo Advisory Services LLC lifted its position in iShares Asia 50 ETF by 1.5% in the 1st quarter. Insigneo Advisory Services LLC now owns 13,879 shares of the company’s stock valued at $1,004,000 after acquiring an additional 200 shares in the last quarter. Bank of Montreal Can lifted its position in iShares Asia 50 ETF by 8.3% in the 4th quarter. Bank of Montreal Can now owns 4,558 shares of the company’s stock valued at $309,000 after acquiring an additional 349 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in iShares Asia 50 ETF by 1.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 44,473 shares of the company’s stock valued at $3,017,000 after acquiring an additional 419 shares in the last quarter. Westwind Capital bought a new position in iShares Asia 50 ETF in the 1st quarter valued at approximately $89,000. Finally, Marshall Wace LLP lifted its position in iShares Asia 50 ETF by 64.8% in the 4th quarter. Marshall Wace LLP now owns 8,735 shares of the company’s stock valued at $592,000 after acquiring an additional 3,435 shares in the last quarter.

iShares Asia 50 ETF Price Performance

NASDAQ AIA opened at $83.43 on Thursday. The business’s fifty day moving average price is $80.28 and its 200-day moving average price is $74.67. The stock has a market capitalization of $788.41 million, a price-to-earnings ratio of 13.81 and a beta of 0.71. iShares Asia 50 ETF has a 1-year low of $59.33 and a 1-year high of $85.57.

iShares Asia 50 ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were issued a dividend of $0.816 per share. The ex-dividend date was Monday, June 16th.

iShares Asia 50 ETF 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.