SB Capital Management Inc Takes Position in iShares Asia 50 ETF $AIA

SB Capital Management Inc acquired a new position in iShares Asia 50 ETF (NASDAQ:AIA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 12,075 shares of the company’s stock, valued at approximately $1,177,000. SB Capital Management Inc owned approximately 0.06% of iShares Asia 50 ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors raised its stake in iShares Asia 50 ETF by 2.1% in the fourth quarter. Arkadios Wealth Advisors now owns 4,406 shares of the company’s stock valued at $430,000 after buying an additional 90 shares during the last quarter. PGIM Custom Harvest LLC grew its stake in shares of iShares Asia 50 ETF by 5.3% during the third quarter. PGIM Custom Harvest LLC now owns 3,222 shares of the company’s stock worth $305,000 after acquiring an additional 163 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Asia 50 ETF by 1.6% during the second quarter. Bank of America Corp DE now owns 13,304 shares of the company’s stock valued at $1,078,000 after acquiring an additional 204 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of iShares Asia 50 ETF by 2,650.0% in the 4th quarter. Global Retirement Partners LLC now owns 275 shares of the company’s stock valued at $27,000 after purchasing an additional 265 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in iShares Asia 50 ETF by 5.3% in the 2nd quarter. NewEdge Advisors LLC now owns 6,200 shares of the company’s stock worth $503,000 after purchasing an additional 313 shares in the last quarter.

iShares Asia 50 ETF Trading Up 4.6%

NASDAQ:AIA opened at $149.16 on Friday. The company has a market cap of $4.93 billion, a PE ratio of 13.81 and a beta of 0.86. iShares Asia 50 ETF has a twelve month low of $77.50 and a twelve month high of $150.83. The company’s 50 day moving average is $132.10 and its two-hundred day moving average is $114.91.

iShares Asia 50 ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.5145 per share. The ex-dividend date of this dividend was Monday, June 15th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.