iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Hits New 1-Year High – Here’s Why

Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWXGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $68.34 and last traded at $68.02, with a volume of 114 shares. The stock had previously closed at $67.13.

iShares MSCI ACWI ex U.S. ETF Stock Up 1.2%

The company has a market cap of $7.26 billion, a PE ratio of 16.03 and a beta of 0.79. The firm’s 50-day moving average is $66.47 and its 200-day moving average is $64.06.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.0488 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 318.0%.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Investment Research Partners LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter worth approximately $4,696,000. CIBC Private Wealth Group LLC boosted its position in iShares MSCI ACWI ex U.S. ETF by 17.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 12,689 shares of the company’s stock valued at $825,000 after buying an additional 1,883 shares during the period. CIBC Bancorp USA Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter worth about $867,000. Captrust Financial Advisors grew its stake in iShares MSCI ACWI ex U.S. ETF by 1.8% in the 3rd quarter. Captrust Financial Advisors now owns 893,012 shares of the company’s stock worth $58,055,000 after acquiring an additional 15,647 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 5.9% during the third quarter. Coldstream Capital Management Inc. now owns 110,065 shares of the company’s stock worth $7,155,000 after acquiring an additional 6,095 shares during the period.

About iShares MSCI ACWI ex U.S. ETF

(Get Free Report)

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.

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