Focus Partners Wealth Sells 5,060 Shares of iShares Asia 50 ETF $AIA

Focus Partners Wealth cut its stake in iShares Asia 50 ETF (NASDAQ:AIA) by 10.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,870 shares of the company’s stock after selling 5,060 shares during the period. Focus Partners Wealth owned about 0.47% of iShares Asia 50 ETF worth $3,029,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AIA. Envestnet Asset Management Inc. boosted its position in iShares Asia 50 ETF by 12.4% during the first quarter. Envestnet Asset Management Inc. now owns 23,918 shares of the company’s stock valued at $1,730,000 after buying an additional 2,632 shares during the period. LPL Financial LLC boosted its position in iShares Asia 50 ETF by 919.0% during the first quarter. LPL Financial LLC now owns 54,946 shares of the company’s stock valued at $3,975,000 after buying an additional 49,554 shares during the period. SFI Advisors LLC boosted its position in iShares Asia 50 ETF by 2.0% during the first quarter. SFI Advisors LLC now owns 44,888 shares of the company’s stock valued at $3,248,000 after buying an additional 892 shares during the period. Oppenheimer & Co. Inc. purchased a new stake in iShares Asia 50 ETF during the first quarter valued at about $415,000. Finally, Glassman Wealth Services boosted its position in iShares Asia 50 ETF by 40.5% during the first quarter. Glassman Wealth Services now owns 892 shares of the company’s stock valued at $65,000 after buying an additional 257 shares during the period.

iShares Asia 50 ETF Trading Up 0.8%

Shares of NASDAQ:AIA opened at $91.98 on Tuesday. The company has a market cap of $929.00 million, a price-to-earnings ratio of 13.81 and a beta of 0.71. The company has a 50-day moving average price of $84.86 and a 200-day moving average price of $77.98. iShares Asia 50 ETF has a 12 month low of $59.91 and a 12 month high of $92.10.

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.