iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Reaches New 12-Month High – Should You Buy?

Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $74.10 and last traded at $73.9570, with a volume of 1737994 shares trading hands. The stock had previously closed at $73.22.

iShares MSCI ACWI ex U.S. ETF Trading Up 1.2%

The company has a 50 day moving average of $69.88 and a 200 day moving average of $66.69. The firm has a market cap of $9.09 billion, a price-to-earnings ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

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

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in iShares MSCI ACWI ex U.S. ETF by 5.3% in the third quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock valued at $366,427,000 after buying an additional 284,654 shares in the last quarter. Morgan Stanley raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 5,336,686 shares of the company’s stock worth $358,252,000 after acquiring an additional 34,953 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 12,239.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,897,126 shares of the company’s stock worth $194,484,000 after acquiring an additional 2,873,647 shares during the period. UBS Group AG lifted its position in iShares MSCI ACWI ex U.S. ETF by 2.9% in the 4th quarter. UBS Group AG now owns 2,761,518 shares of the company’s stock valued at $185,381,000 after acquiring an additional 79,121 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in iShares MSCI ACWI ex U.S. ETF by 2,864.9% in the 4th quarter. Jane Street Group LLC now owns 2,400,049 shares of the company’s stock worth $161,115,000 after purchasing an additional 2,319,101 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.