Elite Wealth Management Inc. Buys New Stake in iShares Asia 50 ETF $AIA

Elite Wealth Management Inc. acquired a new stake in iShares Asia 50 ETF (NASDAQ:AIA) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,277 shares of the company’s stock, valued at approximately $4,169,000. iShares Asia 50 ETF makes up 1.4% of Elite Wealth Management Inc.’s portfolio, making the stock its 19th biggest position. Elite Wealth Management Inc. owned about 0.12% of iShares Asia 50 ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Arkadios Wealth Advisors raised its holdings in shares of iShares Asia 50 ETF by 2.1% in the 4th quarter. Arkadios Wealth Advisors now owns 4,406 shares of the company’s stock worth $430,000 after purchasing an additional 90 shares during the period. PGIM Custom Harvest LLC increased its position in shares of iShares Asia 50 ETF by 5.3% in the third quarter. PGIM Custom Harvest LLC now owns 3,222 shares of the company’s stock worth $305,000 after acquiring an additional 163 shares in the last quarter. Assetmark Inc. raised its stake in shares of 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 acquiring an additional 179 shares during the period. Bank of America Corp DE raised its stake in shares of iShares Asia 50 ETF by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 13,304 shares of the company’s stock valued at $1,078,000 after acquiring an additional 204 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of iShares Asia 50 ETF by 2,650.0% during the 4th quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock valued at $27,000 after acquiring an additional 265 shares in the last quarter.

iShares Asia 50 ETF Price Performance

NASDAQ:AIA opened at $130.94 on Tuesday. The business’s 50-day moving average is $138.59 and its two-hundred day moving average is $122.59. The firm has a market capitalization of $4.51 billion, a PE ratio of 13.81 and a beta of 0.86. iShares Asia 50 ETF has a 12 month low of $81.52 and a 12 month high of $150.83.

iShares Asia 50 ETF Announces Dividend

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

iShares Asia 50 ETF Company Profile

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.