SFI Advisors LLC Buys 4,626 Shares of iShares Asia 50 ETF (NASDAQ:AIA)

SFI Advisors LLC boosted its stake in iShares Asia 50 ETF (NASDAQ:AIA) by 17.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 31,065 shares of the company’s stock after buying an additional 4,626 shares during the period. iShares Asia 50 ETF accounts for about 1.5% of SFI Advisors LLC’s portfolio, making the stock its 25th largest position. SFI Advisors LLC’s holdings in iShares Asia 50 ETF were worth $1,801,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. raised its stake in iShares Asia 50 ETF by 2.5% in the first quarter. BlackRock Inc. now owns 7,676,687 shares of the company’s stock worth $526,851,000 after buying an additional 185,312 shares in the last quarter. Jane Street Group LLC grew its holdings in iShares Asia 50 ETF by 535.2% in the fourth quarter. Jane Street Group LLC now owns 206,216 shares of the company’s stock worth $11,701,000 after purchasing an additional 173,750 shares during the period. Prudential Financial Inc. increased its stake in shares of iShares Asia 50 ETF by 1,829.5% during the first quarter. Prudential Financial Inc. now owns 90,474 shares of the company’s stock valued at $6,209,000 after purchasing an additional 85,785 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of iShares Asia 50 ETF by 475.2% during the fourth quarter. Flow Traders U.S. LLC now owns 68,940 shares of the company’s stock valued at $3,912,000 after purchasing an additional 56,954 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of iShares Asia 50 ETF by 87.6% in the 1st quarter. Bank of America Corp DE now owns 81,962 shares of the company’s stock worth $5,625,000 after buying an additional 38,277 shares during the last quarter.

iShares Asia 50 ETF Stock Down 1.6 %

Shares of NASDAQ AIA traded down $0.97 during trading on Tuesday, reaching $58.59. The company had a trading volume of 4,882 shares, compared to its average volume of 54,634. The stock has a market cap of $1.39 billion, a PE ratio of 11.98 and a beta of 1.09. iShares Asia 50 ETF has a 12-month low of $52.02 and a 12-month high of $63.50. The business’s 50-day moving average is $59.31 and its 200 day moving average is $57.23.

iShares Asia 50 ETF Company 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.