iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Large Volume Increase – Here’s What Happened

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) shares saw unusually-high trading volume on Monday . Approximately 1,966,640 shares traded hands during mid-day trading, a decline of 22% from the previous session’s volume of 2,510,029 shares.The stock last traded at $75.18 and had previously closed at $75.25.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.2%

The company has a market capitalization of $11.52 billion, a P/E ratio of 16.03 and a beta of 0.77. The business has a 50 day simple moving average of $75.44 and a 200-day simple moving average of $73.04.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.8524 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ACWX. Wealthspire Advisors LLC grew its position in iShares MSCI ACWI ex U.S. ETF by 1.1% in the 4th quarter. Wealthspire Advisors LLC now owns 12,784 shares of the company’s stock worth $858,000 after purchasing an additional 141 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 0.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 18,990 shares of the company’s stock worth $1,275,000 after buying an additional 167 shares during the period. Cim LLC boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 0.6% during the third quarter. Cim LLC now owns 26,053 shares of the company’s stock worth $1,694,000 after buying an additional 167 shares during the period. Angeles Wealth Management LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 12.2% in the 1st quarter. Angeles Wealth Management LLC now owns 1,548 shares of the company’s stock worth $106,000 after buying an additional 168 shares in the last quarter. Finally, Grove Bank & Trust grew its holdings in iShares MSCI ACWI ex U.S. ETF by 22.2% in the 2nd quarter. Grove Bank & Trust now owns 935 shares of the company’s stock worth $71,000 after buying an additional 170 shares in the last quarter.

About iShares MSCI ACWI ex U.S. ETF

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.