iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 1-Year High – Here’s What Happened

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $103.05 and last traded at $102.7910, with a volume of 300220 shares traded. The stock had previously closed at $102.38.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The business has a 50-day moving average of $96.12 and a two-hundred day moving average of $92.24. The company has a market cap of $3.70 billion, a P/E ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rathbones Group PLC boosted its holdings in iShares MSCI All Country Asia ex Japan ETF by 9.8% in the fourth quarter. Rathbones Group PLC now owns 23,300 shares of the exchange traded fund’s stock worth $2,170,000 after acquiring an additional 2,070 shares in the last quarter. Climber Capital SA acquired a new position in iShares MSCI All Country Asia ex Japan ETF during the 4th quarter valued at approximately $2,746,000. Saranac Partners Ltd acquired a new stake in shares of iShares MSCI All Country Asia ex Japan ETF during the third quarter worth $228,000. Zurich Insurance Group Ltd FI grew its stake in iShares MSCI All Country Asia ex Japan ETF by 155.1% during the 3rd quarter. Zurich Insurance Group Ltd FI now owns 97,790 shares of the exchange traded fund’s stock valued at $9,091,000 after purchasing an additional 59,450 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in shares of iShares MSCI All Country Asia ex Japan ETF in the third quarter valued at about $142,000.

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.