iShares MSCI ACWI ETF (NASDAQ:ACWI) Hits New 12-Month High – Time to Buy?

iShares MSCI ACWI ETF (NASDAQ:ACWI)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $145.03 and last traded at $145.0750, with a volume of 686096 shares changing hands. The stock had previously closed at $144.75.

iShares MSCI ACWI ETF Trading Up 0.4%

The stock has a market capitalization of $25.99 billion, a P/E ratio of 20.91 and a beta of 0.93. The stock’s 50 day simple moving average is $141.14 and its 200 day simple moving average is $136.75.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.2353 per share. This represents a dividend yield of 176.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of iShares MSCI ACWI ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ACWI. Permanent Capital Management LP purchased a new stake in iShares MSCI ACWI ETF in the 3rd quarter worth about $7,584,000. Ayalon Insurance Comp Ltd. grew its stake in iShares MSCI ACWI ETF by 21.1% during the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 280,571 shares of the company’s stock valued at $38,786,000 after acquiring an additional 48,799 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of iShares MSCI ACWI ETF by 3.6% in the 3rd quarter. Cerity Partners LLC now owns 279,951 shares of the company’s stock valued at $38,700,000 after purchasing an additional 9,766 shares during the period. Channel Wealth LLC purchased a new stake in shares of iShares MSCI ACWI ETF in the third quarter worth approximately $8,970,000. Finally, Farther Finance Advisors LLC lifted its position in shares of iShares MSCI ACWI ETF by 14.1% in the second quarter. Farther Finance Advisors LLC now owns 2,804 shares of the company’s stock worth $361,000 after purchasing an additional 347 shares in the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI ACWI ETF Company Profile

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.