iShares MSCI ACWI ETF (NASDAQ:ACWI) Reaches New 52-Week High at $116.29

Posted by Max Byerly on Jul 13th, 2024

iShares MSCI ACWI ETF (NASDAQ:ACWI – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $116.29 and last traded at $116.26, with a volume of 245264 shares traded. The stock had previously closed at $115.80.

iShares MSCI ACWI ETF Price Performance

The company has a market capitalization of $19.47 billion, a PE ratio of 19.74 and a beta of 0.93. The stock’s 50 day simple moving average is $112.02 and its 200-day simple moving average is $107.71.

iShares MSCI ACWI ETF Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a dividend of $0.9354 per share. The ex-dividend date was Tuesday, June 11th.

Hedge Funds Weigh In On iShares MSCI ACWI ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. SouthState Corp acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $30,000. Joseph Group Capital Management grew its position in shares of iShares MSCI ACWI ETF by 324.6% during the fourth quarter. Joseph Group Capital Management now owns 293 shares of the company’s stock worth $30,000 after buying an additional 224 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $31,000. Sound Income Strategies LLC acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $40,000. Finally, Vima LLC acquired a new position in shares of iShares MSCI ACWI ETF during the fourth quarter worth about $42,000. 61.52% of the stock is owned by institutional investors and hedge funds.

About iShares MSCI ACWI ETF

(Get Free Report)

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.