iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Hits New 1-Year High – What’s Next?

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) hit a new 52-week high on Tuesday . The company traded as high as $118.00 and last traded at $118.00, with a volume of 20200 shares. The stock had previously closed at $114.24.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The firm has a market capitalization of $4.15 billion, a P/E ratio of 15.30 and a beta of 0.70. The stock has a fifty day simple moving average of $105.49 and a two-hundred day simple moving average of $100.09.

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

Several hedge funds and other institutional investors have recently modified their holdings of AAXJ. Russell Investments Group Ltd. bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the third quarter valued at approximately $142,000. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% during the third 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 in the last quarter. Saranac Partners Ltd bought a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the third quarter valued at approximately $228,000. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 42.0% during the second 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 459 shares in the last quarter.

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.