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

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) shares saw an uptick in trading volume on Wednesday . 1,028,803 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 1,104,207 shares.The stock last traded at $56.69 and had previously closed at $56.99.

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

The business has a 50 day simple moving average of $55.40 and a two-hundred day simple moving average of $54.83. The company has a market cap of $5.14 billion, a PE ratio of 16.79 and a beta of 0.82.

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

Several institutional investors have recently added to or reduced their stakes in the business. SageView Advisory Group LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 1.5% in the 4th quarter. SageView Advisory Group LLC now owns 12,588 shares of the company’s stock valued at $657,000 after buying an additional 180 shares during the period. Marks Group Wealth Management Inc boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 1.5% in the fourth quarter. Marks Group Wealth Management Inc now owns 12,743 shares of the company’s stock worth $665,000 after acquiring an additional 186 shares during the last quarter. VERITY Wealth Advisors grew its holdings in iShares MSCI ACWI ex U.S. ETF by 0.4% in the fourth quarter. VERITY Wealth Advisors now owns 55,903 shares of the company’s stock valued at $2,916,000 after purchasing an additional 210 shares during the period. Leo Wealth LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 1.2% during the fourth quarter. Leo Wealth LLC now owns 18,407 shares of the company’s stock worth $960,000 after purchasing an additional 214 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. raised its stake in iShares MSCI ACWI ex U.S. ETF by 11.6% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,277 shares of the company’s stock worth $120,000 after purchasing an additional 237 shares during the period.

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.