Sequoia Financial Advisors LLC Increases Stock Holdings in iShares MSCI ACWI ex U.S. ETF $ACWX

Sequoia Financial Advisors LLC increased its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 2.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 346,431 shares of the company’s stock after acquiring an additional 9,132 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $23,720,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Bank of America Corp DE lifted its stake in iShares MSCI ACWI ex U.S. ETF by 5.3% during the 3rd quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock valued at $366,427,000 after acquiring an additional 284,654 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 0.7% in the 4th quarter. Morgan Stanley now owns 5,336,686 shares of the company’s stock worth $358,252,000 after acquiring an additional 34,953 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 12,239.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,897,126 shares of the company’s stock worth $194,484,000 after acquiring an additional 2,873,647 shares in the last quarter. UBS Group AG raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2.9% in the fourth quarter. UBS Group AG now owns 2,761,518 shares of the company’s stock valued at $185,381,000 after purchasing an additional 79,121 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2,864.9% in the fourth quarter. Jane Street Group LLC now owns 2,400,049 shares of the company’s stock valued at $161,115,000 after purchasing an additional 2,319,101 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.4%

Shares of ACWX traded up $0.27 during trading hours on Friday, reaching $75.74. 1,055,934 shares of the stock traded hands, compared to its average volume of 2,601,786. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $59.67 and a 52 week high of $77.58. The stock has a fifty day simple moving average of $75.52 and a 200 day simple moving average of $72.32. The company has a market cap of $11.57 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.8524 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.