Royal Bank of Canada Acquires 8,883 Shares of iShares Asia 50 ETF $AIA

Royal Bank of Canada grew its holdings in iShares Asia 50 ETF (NASDAQ:AIA) by 126.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,913 shares of the company’s stock after purchasing an additional 8,883 shares during the quarter. Royal Bank of Canada’s holdings in iShares Asia 50 ETF were worth $1,689,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in AIA. UBS Group AG raised its holdings in shares of iShares Asia 50 ETF by 10.6% in the fourth quarter. UBS Group AG now owns 41,896 shares of the company’s stock valued at $4,085,000 after buying an additional 4,003 shares during the last quarter. Aurora Private Wealth Inc. acquired a new position in iShares Asia 50 ETF during the 1st quarter worth about $584,000. Elite Wealth Management Inc. bought a new stake in iShares Asia 50 ETF during the 1st quarter worth about $4,169,000. Y Intercept Hong Kong Ltd bought a new stake in iShares Asia 50 ETF during the 1st quarter worth about $752,000. Finally, SB Capital Management Inc acquired a new stake in iShares Asia 50 ETF in the 4th quarter valued at about $1,177,000.

iShares Asia 50 ETF Trading Down 3.9%

Shares of NASDAQ AIA opened at $135.21 on Wednesday. iShares Asia 50 ETF has a 1-year low of $83.48 and a 1-year high of $150.83. The company has a market cap of $4.73 billion, a PE ratio of 13.81 and a beta of 0.88. The company has a 50-day moving average of $137.07 and a two-hundred day moving average of $125.81.

iShares Asia 50 ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.5145 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares Asia 50 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.