iShares MSCI ACWI ETF (NASDAQ:ACWI) Reaches New 12-Month High – What’s Next?

Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) hit a new 52-week high during trading on Monday . The company traded as high as $145.90 and last traded at $145.9040, with a volume of 438960 shares trading hands. The stock had previously closed at $145.16.

iShares MSCI ACWI ETF Trading Up 0.6%

The firm’s 50 day moving average price is $141.92 and its two-hundred day moving average price is $137.86. The company has a market capitalization of $26.73 billion, a price-to-earnings ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

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

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Several institutional investors and hedge funds have recently made changes to their positions in ACWI. NewEdge Advisors LLC boosted its stake in iShares MSCI ACWI ETF by 16.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,952 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,585 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI ACWI ETF by 101.0% during the first quarter. Jones Financial Companies Lllp now owns 4,707 shares of the company’s stock worth $548,000 after buying an additional 2,365 shares in the last quarter. Farther Finance Advisors LLC boosted 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 valued at $361,000 after acquiring an additional 347 shares during the period. American National Bank & Trust bought a new stake in shares of iShares MSCI ACWI ETF in the second quarter valued at about $64,000. Finally, LVW Advisors LLC grew its stake in shares of iShares MSCI ACWI ETF by 5.6% in the second quarter. LVW Advisors LLC now owns 3,248 shares of the company’s stock valued at $418,000 after acquiring an additional 171 shares in the last quarter. Institutional investors and hedge funds own 61.52% of the company’s stock.

About iShares MSCI ACWI ETF

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.