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

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

iShares MSCI ACWI ETF Trading Up 0.5%

The company has a market cap of $33.60 billion, a PE ratio of 20.91 and a beta of 0.92. The company’s 50 day moving average is $156.56 and its 200 day moving average is $150.49.

iShares MSCI ACWI ETF Announces Dividend

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

Institutional Trading of iShares MSCI ACWI ETF

Large investors have recently modified their holdings of the company. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth $27,000. Triumph Capital Management purchased a new stake in iShares MSCI ACWI ETF in the third quarter worth about $27,000. Smith & Howard Wealth Management LLC bought a new position in iShares MSCI ACWI ETF during the 4th quarter worth about $31,000. Root Financial Partners LLC grew its holdings in iShares MSCI ACWI ETF by 7,100.0% during the 4th quarter. Root Financial Partners LLC now owns 216 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new position in iShares MSCI ACWI ETF during the 1st quarter worth about $32,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

About iShares MSCI ACWI ETF

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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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