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

Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) saw an uptick in trading volume on Thursday . 2,404,960 shares changed hands during 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 Trading Up 0.5 %

The stock has a market capitalization of $4.87 billion, a P/E ratio of 14.05 and a beta of 0.82. The stock has a 50 day moving average of $53.34 and a 200-day moving average of $54.37.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The firm also recently declared 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 of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ACWX. 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 shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $69,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $80,000. GAMMA Investing LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 51.0% in the 4th quarter. GAMMA Investing LLC now owns 1,984 shares of the company’s stock valued at $103,000 after acquiring an additional 670 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at $127,000.

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.