iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Reaches New 1-Year High at $53.74

Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) reached a new 52-week high on Monday . The company traded as high as $53.74 and last traded at $53.69, with a volume of 746899 shares trading hands. The stock had previously closed at $53.40.

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

The stock has a 50 day moving average of $52.71 and a 200-day moving average of $50.65. The company has a market capitalization of $4.66 billion, a P/E ratio of 14.05 and a beta of 0.88.

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

Hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 7.7% during the third quarter. Commonwealth Equity Services LLC now owns 161,842 shares of the company’s stock valued at $7,608,000 after buying an additional 11,587 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in iShares MSCI ACWI ex U.S. ETF by 12.6% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 47,628 shares of the company’s stock valued at $2,239,000 after buying an additional 5,319 shares during the last quarter. Raymond James & Associates grew its holdings in iShares MSCI ACWI ex U.S. ETF by 123.7% during the 3rd quarter. Raymond James & Associates now owns 195,030 shares of the company’s stock valued at $9,168,000 after buying an additional 107,839 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in iShares MSCI ACWI ex U.S. ETF by 0.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 283,475 shares of the company’s stock worth $13,326,000 after acquiring an additional 1,126 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 7.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 393,976 shares of the company’s stock valued at $18,521,000 after acquiring an additional 27,504 shares during the last quarter.

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.