Insigneo Advisory Services LLC Has $1 Million Position in iShares Asia 50 ETF (NASDAQ:AIA)

Insigneo Advisory Services LLC raised its stake in iShares Asia 50 ETF (NASDAQ:AIA) by 1.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,879 shares of the company’s stock after buying an additional 200 shares during the period. Insigneo Advisory Services LLC owned about 0.15% of iShares Asia 50 ETF worth $1,004,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Aviso Financial Inc. raised its stake in iShares Asia 50 ETF by 97.3% during the fourth quarter. Aviso Financial Inc. now owns 1,385 shares of the company’s stock worth $94,000 after buying an additional 683 shares during the last quarter. Bank of Montreal Can grew its holdings in iShares Asia 50 ETF by 8.3% during the 4th quarter. Bank of Montreal Can now owns 4,558 shares of the company’s stock worth $309,000 after acquiring an additional 349 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares Asia 50 ETF in the 4th quarter worth about $390,000. NewEdge Advisors LLC raised its position in shares of iShares Asia 50 ETF by 1,179.8% in the 4th quarter. NewEdge Advisors LLC now owns 5,887 shares of the company’s stock worth $399,000 after acquiring an additional 5,427 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in shares of iShares Asia 50 ETF by 64.8% in the 4th quarter. Marshall Wace LLP now owns 8,735 shares of the company’s stock valued at $592,000 after purchasing an additional 3,435 shares during the period.

iShares Asia 50 ETF Stock Down 1.2%

iShares Asia 50 ETF stock opened at $78.21 on Wednesday. The company has a market capitalization of $703.89 million, a PE ratio of 13.63 and a beta of 0.71. The firm’s fifty day moving average is $73.61 and its 200 day moving average is $71.96. iShares Asia 50 ETF has a 12-month low of $59.33 and a 12-month high of $80.93.

iShares Asia 50 ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 16th will be issued a $0.816 dividend. The ex-dividend date of this dividend is Monday, June 16th.

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.