iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Hits New 52-Week High – Should You Buy?

Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $70.01 and last traded at $69.9430, with a volume of 93116 shares changing hands. The stock had previously closed at $69.76.

iShares MSCI ACWI ex U.S. ETF Price Performance

The stock has a fifty day moving average of $66.94 and a 200 day moving average of $64.68. The firm has a market capitalization of $8.50 billion, a P/E ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $1.0488 per share. This represents a dividend yield of 318.0%. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI ACWI ex U.S. ETF

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $250,000. AQR Capital Management LLC raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 8.2% in the 1st quarter. AQR Capital Management LLC now owns 19,813 shares of the company’s stock worth $1,099,000 after purchasing an additional 1,498 shares during the period. Goldman Sachs Group Inc. lifted its stake in iShares MSCI ACWI ex U.S. ETF by 1.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock valued at $67,790,000 after purchasing an additional 23,283 shares during the last quarter. Parallel Advisors LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 95.1% during the second quarter. Parallel Advisors LLC now owns 12,910 shares of the company’s stock valued at $787,000 after purchasing an additional 6,292 shares during the period. Finally, Mirador Capital Partners LP grew its holdings in iShares MSCI ACWI ex U.S. ETF by 2.4% during the second quarter. Mirador Capital Partners LP now owns 7,743 shares of the company’s stock valued at $472,000 after purchasing an additional 182 shares during the period.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.