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 unusually-strong trading volume on Wednesday . Approximately 1,028,803 shares were traded during 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 firm has a 50-day moving average price of $55.40 and a 200-day moving average price of $54.83. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of 16.79 and a beta of 0.82.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. WBH Advisory Inc. grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 22.9% in the 4th quarter. WBH Advisory Inc. now owns 13,638 shares of the company’s stock worth $711,000 after purchasing an additional 2,545 shares during the last quarter. Rhumbline Advisers boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 41.5% during the fourth quarter. Rhumbline Advisers now owns 202,301 shares of the company’s stock worth $10,552,000 after buying an additional 59,380 shares in the last quarter. GAMMA Investing LLC grew its position in iShares MSCI ACWI ex U.S. ETF by 51.0% in the fourth quarter. GAMMA Investing LLC now owns 1,984 shares of the company’s stock worth $103,000 after buying an additional 670 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 629,849 shares of the company’s stock valued at $36,040,000 after buying an additional 82,015 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares MSCI ACWI ex U.S. ETF by 48.8% during the 4th quarter. Bank of New York Mellon Corp now owns 70,990 shares of the company’s stock valued at $3,703,000 after acquiring an additional 23,283 shares during the last quarter.

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.