iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 12-Month High – Here’s Why

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $108.30 and last traded at $108.00, with a volume of 42037 shares traded. The stock had previously closed at $106.14.

iShares MSCI All Country Asia ex Japan ETF Stock Up 2.4%

The firm’s 50 day simple moving average is $100.93 and its 200-day simple moving average is $96.75. The company has a market capitalization of $3.72 billion, a PE ratio of 15.30 and a beta of 0.63.

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

Several institutional investors have recently bought and sold shares of the business. iA Global Asset Management Inc. grew its stake in iShares MSCI All Country Asia ex Japan ETF by 1.5% during the third quarter. iA Global Asset Management Inc. now owns 28,599 shares of the exchange traded fund’s stock worth $2,609,000 after buying an additional 434 shares during the period. Ameriprise Financial Inc. grew its stake in 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 worth $1,597,000 after buying an additional 459 shares during the period. Rathbones Group PLC grew its stake in iShares MSCI All Country Asia ex Japan ETF by 4.4% during the third quarter. Rathbones Group PLC now owns 21,230 shares of the exchange traded fund’s stock worth $1,937,000 after buying an additional 898 shares during the period. Russell Investments Group Ltd. grew its stake in iShares MSCI All Country Asia ex Japan ETF by 81.6% during the fourth quarter. Russell Investments Group Ltd. now owns 2,827 shares of the exchange traded fund’s stock worth $263,000 after buying an additional 1,270 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in 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 worth $175,000 after buying an additional 1,294 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.