iShares MSCI ACWI ETF (NASDAQ:ACWI) Sets New 1-Year High at $120.24

iShares MSCI ACWI ETF (NASDAQ:ACWI) reached a new 52-week high during trading on Monday . The stock traded as high as $120.24 and last traded at $119.36, with a volume of 33830 shares. The stock had previously closed at $119.56.

iShares MSCI ACWI ETF Trading Down 0.2 %

The company has a market cap of $19.10 billion, a price-to-earnings ratio of 19.74 and a beta of 0.93. The firm’s fifty day simple moving average is $114.48 and its 200 day simple moving average is $112.01.

Institutional Trading of iShares MSCI ACWI ETF

Several institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. raised its position in iShares MSCI ACWI ETF by 8.6% in the 4th quarter. Franklin Resources Inc. now owns 22,975 shares of the company’s stock valued at $2,338,000 after purchasing an additional 1,812 shares during the last quarter. Advisory Services Network LLC grew its stake in shares of iShares MSCI ACWI ETF by 11.1% during the 4th quarter. Advisory Services Network LLC now owns 4,012 shares of the company’s stock worth $408,000 after purchasing an additional 400 shares during the period. Stifel Financial Corp grew its stake in shares of iShares MSCI ACWI ETF by 183.4% during the 4th quarter. Stifel Financial Corp now owns 93,417 shares of the company’s stock worth $9,507,000 after purchasing an additional 60,457 shares during the period. Scotia Capital Inc. grew its stake in shares of iShares MSCI ACWI ETF by 46.3% during the 4th quarter. Scotia Capital Inc. now owns 21,801 shares of the company’s stock worth $2,219,000 after purchasing an additional 6,903 shares during the period. Finally, CIBC Private Wealth Group LLC grew its stake in shares of iShares MSCI ACWI ETF by 0.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 12,203 shares of the company’s stock worth $1,242,000 after purchasing an additional 113 shares during the period. Hedge funds and other 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.