iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC lowered its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 3.9% in the fourth quarter, Holdings Channel reports. The firm owned 352,840 shares of the company’s stock after selling 14,184 shares during the period. iShares MSCI ACWI ex U.S. ETF accounts for about 1.5% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 11th largest position. Cornerstone Wealth Group LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $18,404,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Clarendon Private LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $3,101,000. First Citizens Bank & Trust Co. grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 8.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 40,465 shares of the company’s stock worth $2,111,000 after buying an additional 3,191 shares in the last quarter. Brighton Jones LLC acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $250,000. Janney Montgomery Scott LLC lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 45.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 195,947 shares of the company’s stock worth $10,221,000 after buying an additional 61,595 shares in the last quarter. Finally, Lmcg Investments LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $2,796,000.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.5 %

Shares of NASDAQ ACWX opened at $54.12 on Monday. The stock has a market cap of $4.92 billion, a PE ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $49.78 and a 12-month high of $57.96. The company has a 50-day moving average of $53.32 and a 200 day moving average of $54.36.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.7673 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.