Summit Global Investments Grows Holdings in iShares MSCI ACWI ex U.S. ETF $ACWX

Summit Global Investments raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWXFree Report) by 136.2% in the 3rd quarter, Holdings Channel reports. The firm owned 32,453 shares of the company’s stock after purchasing an additional 18,714 shares during the quarter. Summit Global Investments’ holdings in iShares MSCI ACWI ex U.S. ETF were worth $2,110,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ACWX. Merit Financial Group LLC increased its stake in iShares MSCI ACWI ex U.S. ETF by 52.5% in the 2nd quarter. Merit Financial Group LLC now owns 2,611,549 shares of the company’s stock worth $159,148,000 after buying an additional 898,849 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at about $53,932,000. Ameriprise Financial Inc. grew its stake in iShares MSCI ACWI ex U.S. ETF by 36.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,459,669 shares of the company’s stock worth $88,939,000 after acquiring an additional 390,483 shares in the last quarter. Ensign Peak Advisors Inc bought a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth about $22,641,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the second quarter worth approximately $20,211,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

iShares MSCI ACWI ex U.S. ETF stock opened at $71.93 on Friday. The company has a market capitalization of $8.82 billion, a PE ratio of 16.03 and a beta of 0.79. The company has a 50 day moving average price of $67.93 and a 200-day moving average price of $65.38. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $48.99 and a fifty-two week high of $72.33.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $1.0488 dividend. This represents a dividend yield of 318.0%. The ex-dividend date was Tuesday, December 16th.

About iShares MSCI ACWI ex U.S. ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

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