Royal Bank of Canada Has $1.69 Million Stake in iShares Asia 50 ETF $AIA

Royal Bank of Canada raised its stake in iShares Asia 50 ETF (NASDAQ:AIA) by 126.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,913 shares of the company’s stock after acquiring an additional 8,883 shares during the period. Royal Bank of Canada’s holdings in iShares Asia 50 ETF were worth $1,689,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Arkadios Wealth Advisors lifted its holdings in shares of iShares Asia 50 ETF by 2.1% during the fourth quarter. Arkadios Wealth Advisors now owns 4,406 shares of the company’s stock valued at $430,000 after acquiring an additional 90 shares during the period. PGIM Custom Harvest LLC grew its holdings in shares of iShares Asia 50 ETF by 5.3% in the 3rd quarter. PGIM Custom Harvest LLC now owns 3,222 shares of the company’s stock worth $305,000 after purchasing an additional 163 shares during the last quarter. Assetmark Inc. grew its holdings in shares of iShares Asia 50 ETF by 23.5% in the 1st quarter. Assetmark Inc. now owns 942 shares of the company’s stock worth $100,000 after purchasing an additional 179 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Asia 50 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 13,304 shares of the company’s stock worth $1,078,000 after purchasing an additional 204 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of iShares Asia 50 ETF by 2,650.0% during the 4th quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock worth $27,000 after purchasing an additional 265 shares in the last quarter.

iShares Asia 50 ETF Stock Down 3.9%

Shares of AIA stock opened at $135.21 on Wednesday. iShares Asia 50 ETF has a 12-month low of $83.48 and a 12-month high of $150.83. The company has a market capitalization of $4.73 billion, a P/E ratio of 13.81 and a beta of 0.88. The firm has a 50-day moving average price of $137.07 and a 200 day moving average price of $125.81.

iShares Asia 50 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.5145 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares Asia 50 ETF Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.