McAdam LLC Has $745,000 Holdings in iShares Asia 50 ETF (NASDAQ:AIA)

McAdam LLC trimmed its holdings in shares of iShares Asia 50 ETF (NASDAQ:AIA) by 6.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,856 shares of the company’s stock after selling 830 shares during the quarter. McAdam LLC’s holdings in iShares Asia 50 ETF were worth $745,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Activest Wealth Management bought a new stake in iShares Asia 50 ETF in the fourth quarter valued at approximately $73,000. International Assets Investment Management LLC bought a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at $165,000. CWM LLC bought a new stake in shares of iShares Asia 50 ETF in the 4th quarter valued at $172,000. Orion Portfolio Solutions LLC increased its holdings in shares of iShares Asia 50 ETF by 3.9% in the third quarter. Orion Portfolio Solutions LLC now owns 8,074 shares of the company’s stock worth $448,000 after acquiring an additional 305 shares in the last quarter. Finally, Mariner LLC raised its position in shares of iShares Asia 50 ETF by 71.2% during the third quarter. Mariner LLC now owns 17,186 shares of the company’s stock worth $953,000 after purchasing an additional 7,146 shares during the period.

iShares Asia 50 ETF Stock Performance

Shares of AIA opened at $62.30 on Tuesday. The firm has a market capitalization of $1.46 billion, a PE ratio of 11.98 and a beta of 0.71. The stock has a 50 day simple moving average of $59.87 and a 200 day simple moving average of $57.54. iShares Asia 50 ETF has a 52-week low of $52.02 and a 52-week high of $63.50.

About iShares Asia 50 ETF

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.