iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Sees Strong Trading Volume – Time to Buy?

Shares of iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) saw unusually-strong trading volume on Tuesday . Approximately 223,676 shares changed hands during trading, an increase of 12% from the previous session’s volume of 199,106 shares.The stock last traded at $73.00 and had previously closed at $72.83.

iShares MSCI All Country Asia ex Japan ETF Stock Down 0.4 %

The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 13.34 and a beta of 0.68. The company’s fifty day simple moving average is $74.47 and its 200 day simple moving average is $74.15.

iShares MSCI All Country Asia ex Japan ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $1.0738 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI All Country Asia ex Japan ETF

Several hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in iShares MSCI All Country Asia ex Japan ETF by 25.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,982,841 shares of the exchange traded fund’s stock worth $312,454,000 after buying an additional 804,213 shares during the period. Rathbones Group PLC grew its stake in shares of iShares MSCI All Country Asia ex Japan ETF by 1.3% in the second quarter. Rathbones Group PLC now owns 18,527 shares of the exchange traded fund’s stock valued at $1,334,000 after acquiring an additional 239 shares in the last quarter. Finally, iA Global Asset Management Inc. increased its position in iShares MSCI All Country Asia ex Japan ETF by 15.4% during the third quarter. iA Global Asset Management Inc. now owns 49,746 shares of the exchange traded fund’s stock worth $3,903,000 after acquiring an additional 6,640 shares during the period.

iShares MSCI All Country Asia ex Japan ETF Company Profile

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).