Cwm LLC Purchases New Position in iShares Asia 50 ETF (NASDAQ:AIA)

Cwm LLC acquired a new position in shares of iShares Asia 50 ETF (NASDAQ:AIA) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,974 shares of the company’s stock, valued at approximately $172,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC boosted its holdings in shares of iShares Asia 50 ETF by 3.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,074 shares of the company’s stock worth $448,000 after purchasing an additional 305 shares during the period. Activest Wealth Management bought a new position in iShares Asia 50 ETF during the fourth quarter valued at $73,000. Upper Left Wealth Management LLC raised its stake in shares of iShares Asia 50 ETF by 3.7% in the fourth quarter. Upper Left Wealth Management LLC now owns 40,362 shares of the company’s stock valued at $2,340,000 after acquiring an additional 1,457 shares during the period. International Assets Investment Management LLC bought a new stake in shares of iShares Asia 50 ETF in the 4th quarter worth about $165,000. Finally, SFI Advisors LLC boosted its stake in shares of iShares Asia 50 ETF by 13.3% during the 3rd quarter. SFI Advisors LLC now owns 26,439 shares of the company’s stock worth $1,466,000 after purchasing an additional 3,108 shares during the period.

iShares Asia 50 ETF Price Performance

iShares Asia 50 ETF stock opened at $64.80 on Friday. The firm has a market capitalization of $1.52 billion, 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 $64.81. The company’s 50-day moving average is $60.27 and its 200 day moving average is $57.71.

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.