NEW YORK ( TheStreet) -- Brookfield Asset Management (NYSE: BAM) hit a new 52-week high Monday as it is currently trading at $34.04, above its previous 52-week high of $33.90 with 137,773 shares traded as of 10:16 a.m. ET. Average volume has been 911,400 shares over the past 30 days. Brookfield Asset Management has a market cap of $20.9 billion and is part of the financial sector and financial services industry. Shares are up 1% year to date as of the close of trading on Friday. Brookfield Asset Management Inc. is a publicly owned asset management holding company with approximately $50 billion in assets under management. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. The company has a P/E ratio of 14.4, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.
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