Mirae Asset Global Investments Co. Ltd. Acquires New Position in iShares Asia 50 ETF $AIA

Mirae Asset Global Investments Co. Ltd. bought a new position in iShares Asia 50 ETF (NASDAQ:AIA) in the third quarter, Holdings Channel reports. The firm bought 35,168 shares of the company’s stock, valued at approximately $5,000,000.

A number of other institutional investors also recently bought and sold shares of the stock. Blue Fin Capital Inc. acquired a new position in iShares Asia 50 ETF during the 3rd quarter valued at approximately $1,262,000. Oppenheimer & Co. Inc. purchased a new position in shares of iShares Asia 50 ETF in the third quarter worth $1,363,000. Park Avenue Securities LLC acquired a new stake in shares of iShares Asia 50 ETF during the third quarter worth $298,000. Sigma Planning Corp acquired a new stake in shares of iShares Asia 50 ETF during the third quarter worth $291,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of iShares Asia 50 ETF during the third quarter worth $217,000.

iShares Asia 50 ETF Price Performance

Shares of AIA opened at $116.36 on Friday. The firm has a market capitalization of $4.17 billion, a PE ratio of 13.81 and a beta of 0.91. iShares Asia 50 ETF has a 1-year low of $90.95 and a 1-year high of $150.83. The company’s fifty day moving average price is $137.14 and its 200-day moving average price is $128.35.

About iShares Asia 50 ETF

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.