iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sets New 52-Week High – Still a Buy?

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) shares reached a new 52-week high on Thursday . The stock traded as high as $77.96 and last traded at $77.75, with a volume of 4799727 shares traded. The stock had previously closed at $77.14.

iShares MSCI ACWI ex U.S. ETF Stock Down 0.1%

The business has a 50-day simple moving average of $75.62 and a 200-day simple moving average of $73.53. The stock has a market cap of $11.90 billion, a P/E ratio of 16.03 and a beta of 0.77.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.8524 dividend. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ACWX. Simplex Trading LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at approximately $28,000. International Assets Investment Management LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth approximately $29,000. Cedar Mountain Advisors LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter worth approximately $29,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter worth approximately $31,000. Finally, Strategic Advocates LLC boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 93.6% in the fourth quarter. Strategic Advocates LLC now owns 697 shares of the company’s stock valued at $47,000 after acquiring an additional 337 shares during the period.

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.