Arlington Capital Management Inc. Takes $302,000 Position in iShares Asia 50 ETF (NASDAQ:AIA)

Arlington Capital Management Inc. acquired a new stake in iShares Asia 50 ETF (NASDAQ:AIA) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 5,207 shares of the company’s stock, valued at approximately $302,000.

Other large investors also recently made changes to their positions in the company. Activest Wealth Management bought a new position in shares of iShares Asia 50 ETF during the 4th quarter worth approximately $73,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Asia 50 ETF during the 4th quarter worth about $165,000. CWM LLC bought a new position in iShares Asia 50 ETF during the 4th quarter valued at about $172,000. Orion Portfolio Solutions LLC boosted its position in iShares Asia 50 ETF by 3.9% in the third quarter. Orion Portfolio Solutions LLC now owns 8,074 shares of the company’s stock valued at $448,000 after buying an additional 305 shares in the last quarter. Finally, Mariner LLC grew its stake in iShares Asia 50 ETF by 71.2% during the third quarter. Mariner LLC now owns 17,186 shares of the company’s stock worth $953,000 after buying an additional 7,146 shares during the last quarter.

iShares Asia 50 ETF Stock Up 0.8 %

AIA stock traded up $0.52 during trading on Thursday, hitting $64.91. The company had a trading volume of 3,072 shares, compared to its average volume of 51,196. iShares Asia 50 ETF has a 12 month low of $52.02 and a 12 month high of $65.12. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 12.57 and a beta of 0.71. The firm has a 50-day moving average price of $60.67 and a 200-day moving average price of $57.91.

About iShares Asia 50 ETF

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.