iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Reaches New 12-Month High – Still a Buy?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $105.45 and last traded at $105.58, with a volume of 295386 shares trading hands. The stock had previously closed at $103.76.

iShares MSCI All Country Asia ex Japan ETF Stock Up 1.9%

The business’s fifty day moving average is $97.83 and its 200 day moving average is $93.20. The stock has a market cap of $3.81 billion, a PE ratio of 15.30 and a beta of 0.60.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

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

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

A number of institutional investors have recently bought and sold shares of AAXJ. iA Global Asset Management Inc. raised its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 1.5% during the 3rd 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 last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI All Country Asia ex Japan ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,330 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 459 shares in the last quarter. Rathbones Group PLC raised its position 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 acquiring an additional 898 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 81.6% in the fourth quarter. Russell Investments Group Ltd. now owns 2,827 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of iShares MSCI All Country Asia ex Japan ETF by 199.7% in the third quarter. Jones Financial Companies Lllp now owns 1,942 shares of the exchange traded fund’s stock valued at $175,000 after purchasing an additional 1,294 shares during the last quarter.

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.