iShares MSCI ACWI ETF (NASDAQ:ACWI) Hits New 1-Year High – Here’s What Happened

iShares MSCI ACWI ETF (NASDAQ:ACWI)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $145.03 and last traded at $145.0750, with a volume of 686096 shares traded. The stock had previously closed at $144.75.

iShares MSCI ACWI ETF Stock Down 0.1%

The firm has a 50 day simple moving average of $141.40 and a 200-day simple moving average of $137.05. The stock has a market cap of $25.87 billion, a P/E ratio of 20.91 and a beta of 0.93.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.2353 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 176.0%.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Cooper Investors PTY Ltd. boosted its holdings in shares of iShares MSCI ACWI ETF by 17.0% during the 4th quarter. Cooper Investors PTY Ltd. now owns 73,841 shares of the company’s stock worth $10,448,000 after buying an additional 10,710 shares during the period. Beacon Investment Advisory Services Inc. lifted its position in iShares MSCI ACWI ETF by 149.0% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 119,857 shares of the company’s stock worth $16,959,000 after acquiring an additional 71,721 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. boosted its holdings in shares of iShares MSCI ACWI ETF by 232.0% during the fourth quarter. Generali Investments CEE investicni spolecnost a.s. now owns 9,848 shares of the company’s stock worth $1,393,000 after acquiring an additional 6,882 shares during the period. Pathway Financial Advisors LLC boosted its holdings in shares of iShares MSCI ACWI ETF by 0.4% during the fourth quarter. Pathway Financial Advisors LLC now owns 245,406 shares of the company’s stock worth $35,424,000 after acquiring an additional 1,075 shares during the period. Finally, Cherrydale Wealth Management LLC grew its position in shares of iShares MSCI ACWI ETF by 0.9% in the fourth quarter. Cherrydale Wealth Management LLC now owns 10,649 shares of the company’s stock valued at $1,507,000 after purchasing an additional 94 shares during the last quarter. 61.52% of the stock is currently owned by institutional investors and hedge funds.

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.