Shares of iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) Sees Large Outflow of Money

iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) : The total money flow in iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) was negative ($0.86 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $1.95 million. In comparison, the inflow of money into the stock on upticks was $1.08 million. The uptick to downtick ratio was 0.56. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.1 million. The negative money flow of ($0 million) confirms the selling in iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) on strength. iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) gained $0.11 at $59.15, a gain of 0.19% over the previous days close. However, the stock registered 0.68% in the week.

iShares

Also, Monness Crespi Hardt upgrades their rating on the shares of iShares MSCI All Country Asia ex Japan Index Fund (NASDAQ:AAXJ). The current rating of the shares is Buy. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 4, 2016.

Shares of iShares MSCI All Country Asia ex Japan rose by 0.22% in the last five trading days and 2.51% for the last 4 weeks. iShares MSCI All Country Asia ex Japan is up 11.15% in the last 3-month period. Year-to-Date the stock performance stands at 10.69%.

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). The Index is a free-float adjusted market capitalization index designed to measure equity market performance of the 12 countries, such as Australia, China, Honk Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand. The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. BlackRock Fund Advisors (BFA) serves as the investment advisor to the Fund.

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