Phillip James Consulting Co. Purchases New Shares in iShares Asia 50 ETF $AIA

Phillip James Consulting Co. purchased a new position in shares of iShares Asia 50 ETF (NASDAQ:AIA) during the first quarter, HoldingsChannel reports. The fund purchased 5,707 shares of the company’s stock, valued at approximately $606,000.

Several other hedge funds and other institutional investors have also bought and sold shares of AIA. Assetmark Inc. boosted its holdings in iShares Asia 50 ETF by 23.5% in the 1st quarter. Assetmark Inc. now owns 942 shares of the company’s stock valued at $100,000 after purchasing an additional 179 shares during the period. Sigma Planning Corp bought a new position in shares of iShares Asia 50 ETF during the first quarter worth approximately $234,000. Fifth Third Bancorp acquired a new stake in shares of iShares Asia 50 ETF in the first quarter valued at approximately $61,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of iShares Asia 50 ETF in the first quarter valued at approximately $752,000. Finally, Patten Group Inc. raised its position in shares of iShares Asia 50 ETF by 16.7% in the first quarter. Patten Group Inc. now owns 3,001 shares of the company’s stock valued at $319,000 after buying an additional 430 shares in the last quarter.

iShares Asia 50 ETF Price Performance

Shares of NASDAQ:AIA opened at $136.32 on Wednesday. The company has a market capitalization of $4.70 billion, a P/E ratio of 13.81 and a beta of 0.86. iShares Asia 50 ETF has a 1 year low of $81.52 and a 1 year high of $150.83. The business’s 50 day simple moving average is $138.72 and its 200 day simple moving average is $121.71.

iShares Asia 50 ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.5145 per share. The ex-dividend date was Monday, June 15th.

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.