iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 1-Year High – Here’s Why

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high on Friday . The stock traded as high as $105.45 and last traded at $105.58, with a volume of 295386 shares trading hands. The stock had previously closed at $103.76.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The company has a 50 day moving average price of $97.83 and a 200 day moving average price of $93.20. The firm has a market cap of $3.81 billion, a PE ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.1246 dividend. This represents a dividend 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

A number of hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its position in iShares MSCI All Country Asia ex Japan ETF by 81.6% during the 4th quarter. Russell Investments Group Ltd. now owns 2,827 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 1,270 shares during the period. Pragma Gestao DE Patrimonio Ltd. grew its holdings in iShares MSCI All Country Asia ex Japan ETF by 10.2% during the fourth quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock worth $61,962,000 after acquiring an additional 61,400 shares during the period. Marshall Wace LLP raised its position in iShares MSCI All Country Asia ex Japan ETF by 543.8% in the fourth quarter. Marshall Wace LLP now owns 27,734 shares of the exchange traded fund’s stock worth $2,583,000 after acquiring an additional 23,426 shares in the last quarter. J.Safra Asset Management Corp lifted its holdings in iShares MSCI All Country Asia ex Japan ETF by 4.6% in the fourth quarter. J.Safra Asset Management Corp now owns 844,489 shares of the exchange traded fund’s stock valued at $78,639,000 after acquiring an additional 37,240 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in iShares MSCI All Country Asia ex Japan ETF by 1.5% in the fourth quarter. JPMorgan Chase & Co. now owns 2,924,751 shares of the exchange traded fund’s stock valued at $272,353,000 after acquiring an additional 43,806 shares during the period.

iShares MSCI All Country Asia ex Japan ETF Company Profile

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.