iShares MSCI ACWI ETF (NASDAQ:ACWI) Sets New 1-Year High – Time to Buy?

Shares of iShares MSCI ACWI ETF (NASDAQ:ACWI) reached a new 52-week high on Wednesday . The stock traded as high as $162.15 and last traded at $161.75, with a volume of 82718 shares changing hands. The stock had previously closed at $160.89.

iShares MSCI ACWI ETF Trading Up 0.5%

The firm has a market capitalization of $33.76 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The stock has a fifty day moving average price of $156.69 and a 200-day moving average price of $150.73.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $1.0097 per share. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI ACWI ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Mass General Brigham Inc bought a new stake in shares of iShares MSCI ACWI ETF in the 4th quarter worth about $652,828,000. BNP Paribas Financial Markets grew its stake in iShares MSCI ACWI ETF by 270.0% during the fourth quarter. BNP Paribas Financial Markets now owns 2,620,110 shares of the company’s stock worth $370,719,000 after buying an additional 1,911,879 shares during the last quarter. Morgan Stanley grew its stake in iShares MSCI ACWI ETF by 20.5% during the fourth quarter. Morgan Stanley now owns 8,437,430 shares of the company’s stock worth $1,193,812,000 after buying an additional 1,438,226 shares during the last quarter. Northern Trust Corp increased its holdings in shares of iShares MSCI ACWI ETF by 2,222.6% during the fourth quarter. Northern Trust Corp now owns 1,492,581 shares of the company’s stock worth $211,185,000 after buying an additional 1,428,317 shares in the last quarter. Finally, Qalhat Capital Ltd increased its holdings in shares of iShares MSCI ACWI ETF by 46.4% during the second quarter. Qalhat Capital Ltd now owns 3,588,206 shares of the company’s stock worth $461,443,000 after buying an additional 1,137,134 shares in the last quarter. Institutional investors and hedge funds 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.