iShares MSCI ACWI ETF (NASDAQ:ACWI) Hits New 52-Week High – Still a Buy?

iShares MSCI ACWI ETF (NASDAQ:ACWI)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $124.15 and last traded at $124.10, with a volume of 1465104 shares changing hands. The stock had previously closed at $123.62.

iShares MSCI ACWI ETF Stock Up 0.4 %

The firm has a market cap of $20.06 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm’s fifty day moving average is $120.16 and its two-hundred day moving average is $118.58.

iShares MSCI ACWI ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $1.0662 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI ACWI ETF

A number of hedge funds have recently modified their holdings of ACWI. Creative Planning boosted its holdings in shares of iShares MSCI ACWI ETF by 19.9% during the 3rd quarter. Creative Planning now owns 46,298 shares of the company’s stock valued at $5,535,000 after buying an additional 7,673 shares in the last quarter. OLD National Bancorp IN raised its position in shares of iShares MSCI ACWI ETF by 5.2% in the 3rd quarter. OLD National Bancorp IN now owns 12,932 shares of the company’s stock worth $1,546,000 after purchasing an additional 636 shares during the last quarter. RFP Financial Group LLC raised its position in shares of iShares MSCI ACWI ETF by 8.1% in the 3rd quarter. RFP Financial Group LLC now owns 26,938 shares of the company’s stock worth $3,220,000 after purchasing an additional 2,018 shares during the last quarter. Rodgers & Associates LTD purchased a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter worth about $220,000. Finally, Sequoia Financial Advisors LLC raised its position in shares of iShares MSCI ACWI ETF by 2.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,265,639 shares of the company’s stock worth $151,307,000 after purchasing an additional 29,008 shares during the last quarter. Institutional investors own 61.52% of the company’s stock.

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.