iShares Asia 50 ETF (NASDAQ:AIA) Reaches New 1-Year High at $69.64

iShares Asia 50 ETF (NASDAQ:AIA) reached a new 52-week high on Monday . The company traded as high as $69.64 and last traded at $69.64, with a volume of 100 shares. The stock had previously closed at $67.09.

The stock has a fifty day simple moving average of $62.83 and a two-hundred day simple moving average of $61.91.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AIA. Cabana LLC purchased a new position in shares of iShares Asia 50 ETF during the 4th quarter valued at approximately $27,000. Tower Research Capital LLC TRC boosted its stake in shares of iShares Asia 50 ETF by 4,660.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 476 shares of the company’s stock valued at $27,000 after buying an additional 466 shares during the last quarter. HCR Wealth Advisors boosted its stake in shares of iShares Asia 50 ETF by 68.4% during the 1st quarter. HCR Wealth Advisors now owns 800 shares of the company’s stock valued at $45,000 after buying an additional 325 shares during the last quarter. Advisor Group Holdings Inc. purchased a new position in shares of iShares Asia 50 ETF during the 1st quarter valued at approximately $133,000. Finally, Stifel Financial Corp purchased a new position in shares of iShares Asia 50 ETF during the 4th quarter valued at approximately $215,000.

About iShares Asia 50 ETF (NASDAQ:AIA)

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.

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