iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Hits New 12-Month High – Still a Buy?

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)’s share price reached a new 52-week high on Thursday . The company traded as high as $70.75 and last traded at $70.1590, with a volume of 655 shares changing hands. The stock had previously closed at $69.74.

iShares MSCI ACWI ex U.S. ETF Price Performance

The business’s fifty day moving average price is $67.25 and its 200-day moving average price is $64.98. The stock has a market capitalization of $8.52 billion, a price-to-earnings ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

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

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. West Paces Advisors Inc. boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 3.6% during the fourth quarter. West Paces Advisors Inc. now owns 31,099 shares of the company’s stock valued at $2,088,000 after buying an additional 1,075 shares during the last quarter. Winthrop Advisory Group LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 7.4% in the 4th quarter. Winthrop Advisory Group LLC now owns 1,125,212 shares of the company’s stock valued at $75,535,000 after buying an additional 77,711 shares during the last quarter. South Shore Capital Advisors purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $203,000. Landaas & Co. WI ADV bought a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at $380,000. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth $48,000.

About iShares MSCI ACWI ex U.S. ETF

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.