Apollon Wealth Management LLC Takes Position in iShares Asia 50 ETF $AIA

Apollon Wealth Management LLC acquired a new stake in shares of iShares Asia 50 ETF (NASDAQ:AIA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,915 shares of the company’s stock, valued at approximately $772,000.

A number of other hedge funds also recently made changes to their positions in the company. PGIM Custom Harvest LLC raised its stake in shares of iShares Asia 50 ETF by 5.3% during the third quarter. PGIM Custom Harvest LLC now owns 3,222 shares of the company’s stock valued at $305,000 after purchasing an additional 163 shares during the period. Bank of America Corp DE raised its stake in shares of iShares Asia 50 ETF by 1.6% during the second quarter. Bank of America Corp DE now owns 13,304 shares of the company’s stock valued at $1,078,000 after purchasing an additional 204 shares during the period. Redhawk Wealth Advisors Inc. raised its stake in shares of iShares Asia 50 ETF by 2.2% during the third quarter. Redhawk Wealth Advisors Inc. now owns 14,092 shares of the company’s stock valued at $1,333,000 after purchasing an additional 309 shares during the period. NewEdge Advisors LLC increased its stake in shares of iShares Asia 50 ETF by 5.3% in the second quarter. NewEdge Advisors LLC now owns 6,200 shares of the company’s stock worth $503,000 after buying an additional 313 shares during the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of iShares Asia 50 ETF by 44.0% in the second quarter. Osaic Holdings Inc. now owns 1,328 shares of the company’s stock worth $107,000 after buying an additional 406 shares during the last quarter.

iShares Asia 50 ETF Trading Down 0.2%

Shares of NASDAQ:AIA opened at $117.95 on Thursday. The company has a fifty day simple moving average of $110.96 and a 200 day simple moving average of $103.19. The firm has a market cap of $3.73 billion, a PE ratio of 13.81 and a beta of 0.74. iShares Asia 50 ETF has a 12-month low of $65.50 and a 12-month high of $119.70.

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.