iShares MSCI ACWI ETF (NASDAQ:ACWI) Sets New 52-Week High at $112.49

iShares MSCI ACWI ETF (NASDAQ:ACWI)’s stock price reached a new 52-week high on Thursday . The company traded as high as $112.49 and last traded at $111.74, with a volume of 257323 shares. The stock had previously closed at $111.72.

iShares MSCI ACWI ETF Stock Up 0.2 %

The firm has a market capitalization of $18.70 billion, a PE ratio of 19.74 and a beta of 0.93. The company’s 50-day simple moving average is $108.79 and its 200 day simple moving average is $104.10.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. SouthState Corp purchased a new position in shares of iShares MSCI ACWI ETF during the 4th quarter valued at approximately $30,000. Joseph Group Capital Management lifted its holdings in iShares MSCI ACWI ETF by 324.6% in the 4th quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock valued at $30,000 after purchasing an additional 224 shares in the last quarter. Principal Securities Inc. purchased a new position in iShares MSCI ACWI ETF in the 4th quarter valued at $31,000. Sound Income Strategies LLC purchased a new position in iShares MSCI ACWI ETF in the 4th quarter valued at $40,000. Finally, MayTech Global Investments LLC purchased a new position in iShares MSCI ACWI ETF in the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 61.52% of the company’s stock.

iShares MSCI ACWI ETF Company Profile

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.