iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 12-Month High – Still a Buy?

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $99.80 and last traded at $99.8240, with a volume of 137938 shares traded. The stock had previously closed at $98.93.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The firm’s fifty day moving average is $93.88 and its two-hundred day moving average is $90.64. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $1.1246 per share. This represents a yield of 250.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Investors Weigh In On iShares MSCI All Country Asia ex Japan ETF

Several large investors have recently modified their holdings of the stock. GFG Capital LLC acquired a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the second quarter worth $112,000. Russell Investments Group Ltd. acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the 3rd quarter valued at $142,000. Jones Financial Companies Lllp increased its stake in iShares MSCI All Country Asia ex Japan ETF by 199.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock worth $175,000 after purchasing an additional 1,294 shares in the last quarter. Saranac Partners Ltd acquired a new stake in iShares MSCI All Country Asia ex Japan ETF during the 3rd quarter worth about $228,000. Finally, SG Americas Securities LLC purchased a new stake in iShares MSCI All Country Asia ex Japan ETF during the second quarter valued at about $502,000.

About iShares MSCI All Country Asia ex Japan ETF

iShares MSCI All Country Asia ex Japan ETF (the Fund), formerly The iShares MSCI All Country Asia ex Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, of the MSCI All Country Asia ex Japan Index (the Index). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.