iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sets New 12-Month High – Time to Buy?

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $69.25 and last traded at $69.2190, with a volume of 1131989 shares. The stock had previously closed at $68.75.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.7%

The company has a 50-day moving average price of $66.72 and a two-hundred day moving average price of $64.49. The stock has a market cap of $8.30 billion, a P/E ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

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

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

Several hedge funds and other institutional investors have recently modified their holdings of ACWX. Tompkins Financial Corp bought a new position in iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $31,122,000. Asempa Wealth Advisors purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at $3,558,000. Sandbox Financial Partners LLC boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 15.6% during the fourth quarter. Sandbox Financial Partners LLC now owns 117,865 shares of the company’s stock valued at $7,912,000 after purchasing an additional 15,940 shares during the period. Procyon Advisors LLC grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 15.4% in the fourth quarter. Procyon Advisors LLC now owns 19,659 shares of the company’s stock worth $1,320,000 after purchasing an additional 2,619 shares during the last quarter. Finally, Magnus Financial Group LLC increased its stake in iShares MSCI ACWI ex U.S. ETF by 20.0% in the 4th quarter. Magnus Financial Group LLC now owns 6,059 shares of the company’s stock worth $407,000 after buying an additional 1,011 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.