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

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) reached a new 52-week high on Monday . The stock traded as high as $98.26 and last traded at $98.3890, with a volume of 208028 shares changing hands. The stock had previously closed at $97.61.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The company has a fifty day moving average of $93.22 and a 200 day moving average of $89.81. The firm has a market capitalization of $3.25 billion, a P/E ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

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

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

A number of hedge funds have recently bought and sold shares of the company. GFG Capital LLC purchased a new stake in iShares MSCI All Country Asia ex Japan ETF in the 2nd quarter worth about $112,000. Russell Investments Group Ltd. bought a new position in iShares MSCI All Country Asia ex Japan ETF during the third quarter worth about $142,000. Jones Financial Companies Lllp increased its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% in the third quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock worth $175,000 after purchasing an additional 1,294 shares in the last quarter. Saranac Partners Ltd bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF in the third quarter valued at approximately $228,000. Finally, SG Americas Securities LLC bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF in the second quarter valued at approximately $502,000.

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.