JPMorgan Chase & Co. Cuts Stake in iShares MSCI All Country Asia ex Japan ETF $AAXJ

JPMorgan Chase & Co. reduced its holdings in shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,880,945 shares of the exchange traded fund’s stock after selling 72,704 shares during the period. JPMorgan Chase & Co. owned about 8.28% of iShares MSCI All Country Asia ex Japan ETF worth $262,800,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. iA Global Asset Management Inc. lifted its stake in iShares MSCI All Country Asia ex Japan ETF by 1.5% in the third quarter. iA Global Asset Management Inc. now owns 28,599 shares of the exchange traded fund’s stock worth $2,609,000 after purchasing an additional 434 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 2.4% in the second 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. Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock valued at $175,000 after acquiring an additional 1,294 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 42.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock valued at $870,000 after acquiring an additional 3,115 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in iShares MSCI All Country Asia ex Japan ETF during the 2nd quarter valued at about $502,000.

iShares MSCI All Country Asia ex Japan ETF Price Performance

AAXJ opened at $103.76 on Friday. The stock’s 50 day simple moving average is $97.83 and its 200 day simple moving average is $93.20. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 15.30 and a beta of 0.60. iShares MSCI All Country Asia ex Japan ETF has a 1 year low of $64.33 and a 1 year high of $104.89.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

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

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.