iShares MSCI ACWI ETF (NASDAQ:ACWI) Hits New 12-Month High at $116.94

iShares MSCI ACWI ETF (NASDAQ:ACWI) reached a new 52-week high during trading on Friday . The stock traded as high as $116.94 and last traded at $116.41, with a volume of 477016 shares changing hands. The stock had previously closed at $115.34.

iShares MSCI ACWI ETF Price Performance

The firm has a market capitalization of $18.63 billion, a P/E ratio of 19.74 and a beta of 0.93. The firm’s 50 day moving average is $113.11 and its two-hundred day moving average is $110.08.

iShares MSCI ACWI ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares MSCI ACWI ETF

A number of institutional investors and hedge funds have recently modified their holdings of ACWI. Jane Street Group LLC increased its position in iShares MSCI ACWI ETF by 804.0% during the first quarter. Jane Street Group LLC now owns 8,834,809 shares of the company’s stock worth $972,978,000 after buying an additional 7,857,479 shares during the last quarter. Johns Hopkins University increased its holdings in shares of iShares MSCI ACWI ETF by 15.5% during the 2nd quarter. Johns Hopkins University now owns 5,935,538 shares of the company’s stock worth $667,154,000 after acquiring an additional 798,483 shares during the last quarter. Cibc World Markets Corp bought a new stake in iShares MSCI ACWI ETF in the 4th quarter valued at $356,195,000. P E Global LLC acquired a new stake in iShares MSCI ACWI ETF during the 1st quarter valued at $260,755,000. Finally, Wells Fargo & Company MN boosted its position in iShares MSCI ACWI ETF by 47.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,626,845 shares of the company’s stock worth $165,564,000 after purchasing an additional 520,359 shares during the period. 61.52% of the stock is owned by institutional investors.

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.