iShares MSCI ACWI ETF (NASDAQ:ACWI) Hits New 52-Week High – Here’s What Happened

iShares MSCI ACWI ETF (NASDAQ:ACWIGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $162.15 and last traded at $161.75, with a volume of 82718 shares traded. The stock had previously closed at $160.89.

iShares MSCI ACWI ETF Price Performance

The company has a market capitalization of $33.60 billion, a PE ratio of 20.91 and a beta of 0.92. The company’s fifty day moving average is $156.56 and its 200-day moving average is $150.49.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $1.0097 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ACWI. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares MSCI ACWI ETF during the 4th quarter worth $27,000. Triumph Capital Management bought a new stake in iShares MSCI ACWI ETF during the third quarter valued at about $27,000. Smith & Howard Wealth Management LLC purchased a new position in iShares MSCI ACWI ETF in the fourth quarter valued at about $31,000. Root Financial Partners LLC grew its stake in iShares MSCI ACWI ETF by 7,100.0% in the fourth quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Advisortrust Partners LLC purchased a new position in iShares MSCI ACWI ETF in the first quarter valued at about $32,000. 61.52% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI ACWI ETF Company Profile

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The iShares MSCI ACWI ETF (ACWI) is an exchange-traded fund that is based on the MSCI AC World index. The fund tracks a market cap-weighted index of large- and mid-cap global stocks, covering 85% of the developed and emerging markets capitalization. ACWI was launched on Mar 26, 2008 and is managed by BlackRock.

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