iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Strong Trading Volume – Here’s Why

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) shares saw strong trading volume on Tuesday . 1,978,380 shares traded hands during trading, an increase of 92% from the previous session’s volume of 1,029,926 shares.The stock last traded at $53.69 and had previously closed at $53.75.

iShares MSCI ACWI ex U.S. ETF Stock Down 0.0 %

The company has a market cap of $4.51 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The stock has a 50 day simple moving average of $55.59 and a 200 day simple moving average of $54.57.

Hedge Funds Weigh In On iShares MSCI ACWI ex U.S. ETF

Several institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 2,733.7% in the first quarter. Flow Traders U.S. LLC now owns 917,469 shares of the company’s stock worth $48,984,000 after purchasing an additional 885,092 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 6,565.3% in the first quarter. Jane Street Group LLC now owns 730,121 shares of the company’s stock valued at $38,981,000 after buying an additional 719,167 shares in the last quarter. SG Americas Securities LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at $25,005,000. Bank of Montreal Can raised its stake in iShares MSCI ACWI ex U.S. ETF by 3,202.2% during the 2nd quarter. Bank of Montreal Can now owns 435,694 shares of the company’s stock valued at $23,227,000 after purchasing an additional 422,500 shares during the period. Finally, OLD Mission Capital LLC raised its stake in iShares MSCI ACWI ex U.S. ETF by 456.7% during the 1st quarter. OLD Mission Capital LLC now owns 513,431 shares of the company’s stock valued at $27,412,000 after purchasing an additional 421,210 shares during the period.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.