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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw unusually-high trading volume on Thursday . Approximately 2,404,960 shares traded hands during mid-day trading, an increase of 67% from the previous session’s volume of 1,439,138 shares.The stock last traded at $52.53 and had previously closed at $52.31.

iShares MSCI ACWI ex U.S. ETF Stock Performance

The company has a 50 day moving average of $53.34 and a two-hundred day moving average of $54.37. The stock has a market capitalization of $4.87 billion, a PE ratio of 14.05 and a beta of 0.82.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.7673 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. ORG Partners LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth $28,000. Reston Wealth Management LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth $69,000. Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth about $80,000. GAMMA Investing LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 51.0% during the 4th quarter. GAMMA Investing LLC now owns 1,984 shares of the company’s stock worth $103,000 after acquiring an additional 670 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth about $127,000.

iShares MSCI ACWI ex U.S. ETF Company Profile

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.