Arkadios Wealth Advisors Buys New Stake in iShares Asia 50 ETF $AIA

Arkadios Wealth Advisors purchased a new position in iShares Asia 50 ETF (NASDAQ:AIA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,349 shares of the company’s stock, valued at approximately $353,000.

A number of other hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in shares of iShares Asia 50 ETF by 12.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 23,918 shares of the company’s stock valued at $1,730,000 after acquiring an additional 2,632 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Asia 50 ETF by 919.0% in the 1st 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 increased its holdings in shares of iShares Asia 50 ETF by 2.0% during the 1st quarter. SFI Advisors LLC now owns 44,888 shares of the company’s stock worth $3,248,000 after buying an additional 892 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of iShares Asia 50 ETF during the 2nd quarter valued at approximately $57,000. Finally, Glassman Wealth Services raised its position in shares of iShares Asia 50 ETF by 40.5% during the 1st 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 1.1%

Shares of NASDAQ:AIA opened at $98.66 on Thursday. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 13.81 and a beta of 0.70. iShares Asia 50 ETF has a 12-month low of $59.91 and a 12-month high of $101.22. The business has a 50-day moving average price of $93.86 and a 200 day moving average price of $84.44.

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.