iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Reaches New 1-Year 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 Wednesday . The company traded as high as $72.05 and last traded at $71.97, with a volume of 3104946 shares. The stock had previously closed at $70.83.

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

The company has a 50-day simple moving average of $67.93 and a 200 day simple moving average of $65.38. The company has a market cap of $8.77 billion, a P/E ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $1.0488 dividend. This represents a yield of 318.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On iShares MSCI ACWI ex U.S. ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ACWX. Rossmore Private Capital purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $33,000. Caitlin John LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at approximately $33,000. Golden State Wealth Management LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the second quarter worth $33,000. Flagship Harbor Advisors LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at about $48,000. Finally, Ameritas Advisory Services LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the second quarter valued at approximately $53,000.

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.