iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sets New 12-Month High – Here’s Why

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high during trading on Wednesday . The company traded as high as $113.03 and last traded at $112.58, with a volume of 332721 shares traded. The stock had previously closed at $110.39.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The stock has a 50-day moving average of $102.40 and a 200 day moving average of $98.40. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 15.30 and a beta of 0.70.

Hedge Funds Weigh In On iShares MSCI All Country Asia ex Japan ETF

Several institutional investors have recently modified their holdings of AAXJ. Ameriprise Financial Inc. grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock worth $1,597,000 after buying an additional 459 shares during the period. BNP Paribas Financial Markets grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 42.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock worth $870,000 after buying an additional 3,115 shares during the period. J.Safra Asset Management Corp grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 3.4% during the 3rd quarter. J.Safra Asset Management Corp now owns 807,249 shares of the exchange traded fund’s stock worth $73,637,000 after buying an additional 26,339 shares during the period. iA Global Asset Management Inc. grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 1.5% during the 3rd quarter. iA Global Asset Management Inc. now owns 28,599 shares of the exchange traded fund’s stock worth $2,609,000 after buying an additional 434 shares during the period. Finally, Jones Financial Companies Lllp grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock worth $175,000 after buying an additional 1,294 shares during the period.

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.