iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ) Shares Pass Above Fifty Day Moving Average – Time to Sell?

iShares MSCI All Country Asia ex Japan ETF (NASDAQ:AAXJ)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $87.83 and traded as high as $93.72. iShares MSCI All Country Asia ex Japan ETF shares last traded at $93.58, with a volume of 564,766 shares changing hands.

iShares MSCI All Country Asia ex Japan ETF Price Performance

The firm has a 50-day moving average of $87.83 and a 200-day moving average of $81.30. The stock has a market cap of $3.26 billion, a PE ratio of 15.30 and a beta of 0.68.

Institutional Investors Weigh In On iShares MSCI All Country Asia ex Japan ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of iShares MSCI All Country Asia ex Japan ETF by 279.5% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 4,689,760 shares of the exchange traded fund’s stock worth $347,042,000 after purchasing an additional 3,453,975 shares during the last quarter. J.Safra Asset Management Corp bought a new position in iShares MSCI All Country Asia ex Japan ETF during the first quarter valued at approximately $55,660,000. Pragma Gestao DE Patrimonio Ltd. grew its holdings in iShares MSCI All Country Asia ex Japan ETF by 232.9% during the 2nd quarter. Pragma Gestao DE Patrimonio Ltd. now owns 799,000 shares of the exchange traded fund’s stock valued at $66,013,000 after buying an additional 559,000 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in iShares MSCI All Country Asia ex Japan ETF in the 1st quarter worth approximately $29,275,000. Finally, OLD Mission Capital LLC bought a new stake in iShares MSCI All Country Asia ex Japan ETF in the 1st quarter worth approximately $17,110,000.

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).