Arlington Capital Management Inc. Makes New Investment in iShares Asia 50 ETF $AIA

Arlington Capital Management Inc. bought a new position in shares of iShares Asia 50 ETF (NASDAQ:AIA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,874 shares of the company’s stock, valued at approximately $2,035,000. iShares Asia 50 ETF accounts for approximately 1.3% of Arlington Capital Management Inc.’s portfolio, making the stock its 25th biggest holding. Arlington Capital Management Inc. owned approximately 0.12% of iShares Asia 50 ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ameriprise Financial Inc. grew its stake in iShares Asia 50 ETF by 11.9% in the second quarter. Ameriprise Financial Inc. now owns 132,423 shares of the company’s stock worth $10,735,000 after purchasing an additional 14,134 shares in the last quarter. Creative Planning bought a new stake in iShares Asia 50 ETF during the 3rd quarter valued at $5,217,000. EWG Elevate Inc. raised its position in iShares Asia 50 ETF by 9.8% during the 3rd quarter. EWG Elevate Inc. now owns 52,163 shares of the company’s stock valued at $4,935,000 after purchasing an additional 4,663 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Asia 50 ETF by 274.1% in the 3rd quarter. Bank of America Corp DE now owns 49,766 shares of the company’s stock worth $4,708,000 after buying an additional 36,462 shares during the period. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of iShares Asia 50 ETF in the 3rd quarter worth $4,518,000.

iShares Asia 50 ETF Trading Up 0.1%

AIA opened at $110.52 on Friday. The company has a market capitalization of $2.27 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 $119.70. The business’s fifty day simple moving average is $110.25 and its 200-day simple moving average is $100.59.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.