Prospera Financial Services Inc Has $625,000 Stock Position in iShares Asia 50 ETF $AIA

Prospera Financial Services Inc lowered its position in shares of iShares Asia 50 ETF (NASDAQ:AIA) by 78.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,715 shares of the company’s stock after selling 28,421 shares during the quarter. Prospera Financial Services Inc owned 0.08% of iShares Asia 50 ETF worth $625,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AIA. Arkadios Wealth Advisors purchased a new position in iShares Asia 50 ETF during the 2nd quarter worth approximately $353,000. Patten Group Inc. purchased a new position in shares of iShares Asia 50 ETF during the second quarter valued at $220,000. Allianz Asset Management GmbH raised its position in iShares Asia 50 ETF by 43.3% during the second quarter. Allianz Asset Management GmbH now owns 8,600 shares of the company’s stock valued at $697,000 after buying an additional 2,600 shares during the period. City Holding Co. lifted its stake in iShares Asia 50 ETF by 8.9% in the 2nd quarter. City Holding Co. now owns 3,675 shares of the company’s stock worth $298,000 after acquiring an additional 300 shares in the last quarter. Finally, EWG Elevate Inc. purchased a new stake in iShares Asia 50 ETF in the 2nd quarter worth about $3,850,000.

iShares Asia 50 ETF Price Performance

NASDAQ:AIA opened at $97.18 on Friday. iShares Asia 50 ETF has a fifty-two week low of $59.91 and a fifty-two week high of $101.22. The stock’s 50-day moving average is $95.69 and its two-hundred day moving average is $85.77. The stock has a market cap of $1.44 billion, a PE ratio of 13.81 and a beta of 0.70.

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.