17,911 Shares in iShares Asia 50 ETF (NASDAQ:AIA) Acquired by DRW Securities LLC

DRW Securities LLC acquired a new position in iShares Asia 50 ETF (NASDAQ:AIA) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 17,911 shares of the company’s stock, valued at approximately $1,295,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can grew its holdings in iShares Asia 50 ETF by 1,142.7% in the 2nd quarter. Bank of Montreal Can now owns 47,159 shares of the company’s stock worth $3,206,000 after buying an additional 43,364 shares in the last quarter. Marshall Wace LLP grew its holdings in iShares Asia 50 ETF by 68.1% in the 2nd quarter. Marshall Wace LLP now owns 7,060 shares of the company’s stock worth $474,000 after buying an additional 2,860 shares in the last quarter. Activest Wealth Management bought a new position in iShares Asia 50 ETF in the 3rd quarter worth approximately $35,000. Avalon Capital Management bought a new position in iShares Asia 50 ETF in the 2nd quarter worth approximately $2,030,000. Finally, Kingsview Wealth Management LLC bought a new position in iShares Asia 50 ETF in the 3rd quarter worth approximately $3,417,000.

iShares Asia 50 ETF Stock Performance

Shares of NASDAQ AIA opened at $69.24 on Tuesday. The stock has a fifty day moving average price of $72.04 and a two-hundred day moving average price of $68.55. The firm has a market cap of $830.88 million, a P/E ratio of 12.57 and a beta of 0.71. iShares Asia 50 ETF has a 1 year low of $52.02 and a 1 year high of $77.44.

iShares Asia 50 ETF Company 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.