iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sees Large Volume Increase – Still a Buy?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) shares saw unusually-high trading volume on Wednesday . Approximately 1,001,262 shares were traded during trading, an increase of 23% from the previous session’s volume of 815,634 shares.The stock last traded at $99.59 and had previously closed at $99.77.

iShares MSCI All Country Asia ex Japan ETF Trading Down 2.1%

The firm’s fifty day simple moving average is $100.40 and its two-hundred day simple moving average is $94.52. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares MSCI All Country Asia ex Japan ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AAXJ. SG Americas Securities LLC acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the 2nd quarter valued at $502,000. Pragma Gestao DE Patrimonio Ltd. raised its holdings in iShares MSCI All Country Asia ex Japan ETF by 232.9% in the 2nd quarter. Pragma Gestao DE Patrimonio Ltd. now owns 799,000 shares of the exchange traded fund’s stock valued at $66,013,000 after buying an additional 559,000 shares during the period. Ameriprise Financial Inc. lifted its position in 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 valued at $1,597,000 after buying an additional 459 shares during the last quarter. BNP Paribas Financial Markets lifted its position in iShares MSCI All Country Asia ex Japan ETF by 42.0% in the second quarter. BNP Paribas Financial Markets now owns 10,534 shares of the exchange traded fund’s stock valued at $870,000 after buying an additional 3,115 shares during the last quarter. Finally, J.Safra Asset Management Corp boosted its stake in iShares MSCI All Country Asia ex Japan ETF by 3.4% during the third quarter. J.Safra Asset Management Corp now owns 807,249 shares of the exchange traded fund’s stock worth $73,637,000 after buying an additional 26,339 shares during the period.

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.