iShares Asia 50 ETF (NASDAQ:AIA) Position Boosted by BlackRock Inc.
BlackRock Inc. increased its holdings in iShares Asia 50 ETF (NASDAQ:AIA) by 2.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,689,123 shares of the company’s stock after buying an additional 150,990 shares during the quarter. BlackRock Inc. owned about 0.32% of iShares Asia 50 ETF worth $347,833,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of AIA. Raymond James & Associates acquired a new position in iShares Asia 50 ETF during the first quarter worth $234,000. Deutsche Bank AG acquired a new position in iShares Asia 50 ETF during the fourth quarter worth $2,691,000. MML Investors Services LLC increased its position in iShares Asia 50 ETF by 17.1% during the fourth quarter. MML Investors Services LLC now owns 20,985 shares of the company’s stock worth $1,160,000 after buying an additional 3,058 shares during the last quarter. Suntrust Banks Inc. increased its position in iShares Asia 50 ETF by 38.8% during the fourth quarter. Suntrust Banks Inc. now owns 28,898 shares of the company’s stock worth $1,815,000 after buying an additional 8,082 shares during the last quarter. Finally, Van Hulzen Asset Management LLC acquired a new position in iShares Asia 50 ETF during the fourth quarter worth $721,000.
Shares of NASDAQ:AIA opened at $58.19 on Thursday. iShares Asia 50 ETF has a 52-week low of $53.04 and a 52-week high of $67.45.
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.
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