iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sets New 12-Month High – Time to Buy?

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high during trading on Thursday . The company traded as high as $107.85 and last traded at $107.70, with a volume of 706103 shares changing hands. The stock had previously closed at $106.44.

iShares MSCI All Country Asia ex Japan ETF Trading Up 1.2%

The company has a market capitalization of $3.88 billion, a P/E ratio of 15.30 and a beta of 0.60. The company’s 50 day moving average is $99.07 and its 200-day moving average is $93.87.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

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

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

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

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.