HB Wealth Management LLC Sells 16,983 Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

HB Wealth Management LLC decreased its holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 67.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,242 shares of the company’s stock after selling 16,983 shares during the period. HB Wealth Management LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $440,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of ACWX. GAMMA Investing LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at approximately $50,000. Principal Securities Inc. purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth $56,000. Lowe Wealth Advisors LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 84.7% in the first quarter. Lowe Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $87,000 after acquiring an additional 751 shares during the period. Hazlett Burt & Watson Inc. grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 47.6% in the first quarter. Hazlett Burt & Watson Inc. now owns 1,747 shares of the company’s stock valued at $93,000 after purchasing an additional 563 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter valued at $138,000.

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

ACWX traded up $0.22 during trading on Friday, reaching $54.24. 437,494 shares of the company were exchanged, compared to its average volume of 1,187,206. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $44.89 and a 12-month high of $55.21. The company’s 50-day moving average is $53.75 and its two-hundred day moving average is $52.26.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.7839 dividend. The ex-dividend date was Tuesday, June 11th.

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.