iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Hits New 52-Week High – Here’s Why

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) hit a new 52-week high on Tuesday . The company traded as high as $76.60 and last traded at $76.60, with a volume of 47780 shares. The stock had previously closed at $75.09.

iShares MSCI ACWI ex U.S. ETF Stock Up 1.7%

The stock has a market capitalization of $11.55 billion, a P/E ratio of 16.03 and a beta of 0.77. The firm’s 50 day simple moving average is $71.89 and its two-hundred day simple moving average is $70.06.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Captrust Financial Advisors boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.8% during the 3rd quarter. Captrust Financial Advisors now owns 893,012 shares of the company’s stock valued at $58,055,000 after acquiring an additional 15,647 shares during the last quarter. Calamos Wealth Management LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2.2% during the 4th quarter. Calamos Wealth Management LLC now owns 980,397 shares of the company’s stock valued at $65,814,000 after acquiring an additional 20,849 shares during the last quarter. Johnson Financial Group Inc. boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 14.1% during the 3rd quarter. Johnson Financial Group Inc. now owns 729,551 shares of the company’s stock valued at $47,428,000 after acquiring an additional 90,039 shares during the last quarter. German American Bancorp Inc. boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 3.2% during the 3rd quarter. German American Bancorp Inc. now owns 1,619,716 shares of the company’s stock valued at $105,298,000 after acquiring an additional 49,962 shares during the last quarter. Finally, Investment Research Partners LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $4,696,000.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.