iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Hits New 1-Year High – What’s Next?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) shares hit a new 52-week high on Thursday . The company traded as high as $109.51 and last traded at $109.48, with a volume of 356394 shares changing hands. The stock had previously closed at $107.54.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The stock has a market capitalization of $3.87 billion, a PE ratio of 15.30 and a beta of 0.63. The business’s fifty day moving average price is $101.74 and its two-hundred day moving average price is $97.76.

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

Several hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in iShares MSCI All Country Asia ex Japan ETF by 1.5% in the fourth quarter. JPMorgan Chase & Co. now owns 2,924,751 shares of the exchange traded fund’s stock valued at $272,353,000 after purchasing an additional 43,806 shares during the last quarter. J.Safra Asset Management Corp boosted its holdings in iShares MSCI All Country Asia ex Japan ETF by 4.6% in the fourth quarter. J.Safra Asset Management Corp now owns 844,489 shares of the exchange traded fund’s stock valued at $78,639,000 after purchasing an additional 37,240 shares during the last quarter. Pragma Gestao DE Patrimonio Ltd. raised its position in shares of iShares MSCI All Country Asia ex Japan ETF by 10.2% in the fourth quarter. Pragma Gestao DE Patrimonio Ltd. now owns 665,400 shares of the exchange traded fund’s stock worth $61,962,000 after acquiring an additional 61,400 shares during the period. Zurich Insurance Group Ltd FI raised its position in shares of iShares MSCI All Country Asia ex Japan ETF by 155.1% in the third quarter. Zurich Insurance Group Ltd FI now owns 97,790 shares of the exchange traded fund’s stock worth $9,091,000 after acquiring an additional 59,450 shares during the period. Finally, iA Global Asset Management Inc. raised its position in shares of iShares MSCI All Country Asia ex Japan ETF by 90.0% in the first quarter. iA Global Asset Management Inc. now owns 35,080 shares of the exchange traded fund’s stock worth $3,378,000 after acquiring an additional 16,617 shares during the period.

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.