iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Sets New 1-Year Low – Here’s Why

Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) reached a new 52-week low during trading on Monday . The stock traded as low as $49.14 and last traded at $50.09, with a volume of 4180 shares. The stock had previously closed at $51.22.

iShares MSCI ACWI ex U.S. ETF Stock Performance

The company has a market cap of $5.20 billion, a P/E ratio of 15.00 and a beta of 0.76. The business’s fifty day moving average is $55.56 and its two-hundred day moving average is $54.83.

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

Several institutional investors and hedge funds have recently modified their holdings of ACWX. ORG Partners LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth $28,000. Copia Wealth Management purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter valued at $30,000. Assetmark Inc. bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $39,000. Finally, CoreFirst Bank & Trust purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the fourth quarter worth about $51,000.

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.