iShares MSCI ACWI ETF (NASDAQ:ACWI) Hits New 12-Month High at $103.00

iShares MSCI ACWI ETF (NASDAQ:ACWIGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $103.00 and last traded at $102.76, with a volume of 595014 shares changing hands. The stock had previously closed at $102.04.

iShares MSCI ACWI ETF Price Performance

The firm’s 50-day moving average is $100.08 and its 200-day moving average is $96.58. The company has a market capitalization of $18.70 billion, a P/E ratio of 15.44 and a beta of 0.93.

iShares MSCI ACWI ETF Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Wednesday, December 27th. Shareholders of record on Thursday, December 21st were given a $0.962 dividend. This is a positive change from iShares MSCI ACWI ETF’s previous Semi-Annual dividend of $0.95. The ex-dividend date was Wednesday, December 20th.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Several hedge funds have recently modified their holdings of ACWI. Credit Agricole S A purchased a new stake in iShares MSCI ACWI ETF during the second quarter valued at $28,000. Tower Research Capital LLC TRC raised its stake in iShares MSCI ACWI ETF by 2,221.4% during the third quarter. Tower Research Capital LLC TRC now owns 325 shares of the company’s stock valued at $30,000 after purchasing an additional 311 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in iShares MSCI ACWI ETF during the fourth quarter valued at $40,000. Money Concepts Capital Corp purchased a new stake in iShares MSCI ACWI ETF during the fourth quarter valued at $40,000. Finally, MayTech Global Investments LLC purchased a new stake in iShares MSCI ACWI ETF during the third quarter valued at $41,000. Hedge funds and other institutional investors own 52.79% of the company’s stock.

iShares MSCI ACWI ETF Company Profile

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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.

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