iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Reaches New 1-Year High – Time to Buy?

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) shares reached a new 52-week high on Friday . The company traded as high as $78.47 and last traded at $78.4590, with a volume of 822034 shares traded. The stock had previously closed at $78.09.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.5%

The company has a market cap of $11.99 billion, a PE ratio of 16.03 and a beta of 0.77. The business’s 50 day moving average is $76.10 and its two-hundred day moving average is $74.09.

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

A number of hedge funds have recently made changes to their positions in the business. Cedar Mountain Advisors LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the 1st quarter valued at approximately $29,000. Simplex Trading LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at approximately $28,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter valued at approximately $31,000. International Assets Investment Management LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at approximately $29,000. Finally, XP Advisory US Inc. bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the second quarter valued at approximately $37,000.

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.