iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sees Strong Trading Volume – Here’s Why

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) shares saw an uptick in trading volume on Tuesday . 1,978,380 shares traded hands during trading, an increase of 92% from the previous session’s volume of 1,029,926 shares.The stock last traded at $53.69 and had previously closed at $53.75.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.2 %

The stock has a 50-day moving average price of $55.57 and a 200 day moving average price of $54.56. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82.

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

Several institutional investors have recently bought and sold shares of ACWX. Innealta Capital LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 2nd quarter worth approximately $30,000. National Bank of Canada FI increased its holdings in iShares MSCI ACWI ex U.S. ETF by 1,622.0% in the 2nd quarter. National Bank of Canada FI now owns 861 shares of the company’s stock worth $46,000 after acquiring an additional 811 shares in the last quarter. Triad Wealth Partners LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the second quarter worth $53,000. Reston Wealth Management LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the third quarter valued at $69,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter valued at about $80,000.

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.