iShares MSCI ACWI ETF (NASDAQ:ACWI) Sets New 52-Week High – Here’s What Happened

iShares MSCI ACWI ETF (NASDAQ:ACWI) hit a new 52-week high during trading on Monday . The stock traded as high as $147.52 and last traded at $147.4880, with a volume of 1731027 shares. The stock had previously closed at $146.28.

iShares MSCI ACWI ETF Stock Performance

The firm has a market cap of $27.33 billion, a PE ratio of 20.91 and a beta of 0.93. The company’s 50-day simple moving average is $143.72 and its two-hundred day simple moving average is $139.26.

iShares MSCI ACWI ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.2353 dividend. This represents a dividend yield of 176.0%. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ACWI. Mawer Investment Management Ltd. purchased a new position in shares of iShares MSCI ACWI ETF in the 3rd quarter valued at approximately $5,644,000. Permanent Capital Management LP purchased a new stake in iShares MSCI ACWI ETF in the third quarter worth $7,584,000. Commonwealth Equity Services LLC raised its holdings in iShares MSCI ACWI ETF by 11.9% in the third quarter. Commonwealth Equity Services LLC now owns 61,579 shares of the company’s stock worth $8,513,000 after purchasing an additional 6,538 shares in the last quarter. Ayalon Insurance Comp Ltd. lifted its position in iShares MSCI ACWI ETF by 21.1% during the third quarter. Ayalon Insurance Comp Ltd. now owns 280,571 shares of the company’s stock valued at $38,786,000 after buying an additional 48,799 shares during the period. Finally, Cerity Partners LLC lifted its position in iShares MSCI ACWI ETF by 3.6% during the third quarter. Cerity Partners LLC now owns 279,951 shares of the company’s stock valued at $38,700,000 after buying an additional 9,766 shares during the period. Institutional investors 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.