Merkkuri Wealth Advisors LLC Takes $1.49 Million Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the first quarter, HoldingsChannel reports. The firm purchased 21,732 shares of the company’s stock, valued at approximately $1,488,000.

Other hedge funds have also modified their holdings of the company. Captrust Financial Advisors boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 1.8% during the 3rd quarter. Captrust Financial Advisors now owns 893,012 shares of the company’s stock worth $58,055,000 after purchasing an additional 15,647 shares during the period. Calamos Wealth Management LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 2.2% in the fourth quarter. Calamos Wealth Management LLC now owns 980,397 shares of the company’s stock valued at $65,814,000 after purchasing an additional 20,849 shares during the period. Johnson Financial Group Inc. raised its position in iShares MSCI ACWI ex U.S. ETF by 14.1% in the third quarter. Johnson Financial Group Inc. now owns 729,551 shares of the company’s stock valued at $47,428,000 after purchasing an additional 90,039 shares during the period. Investment Research Partners LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the third quarter worth $4,696,000. Finally, FourThought Financial Partners LLC lifted its stake in iShares MSCI ACWI ex U.S. ETF by 15.0% during the third quarter. FourThought Financial Partners LLC now owns 59,255 shares of the company’s stock worth $3,852,000 after purchasing an additional 7,744 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Down 0.7%

ACWX opened at $75.01 on Friday. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $59.67 and a 52 week high of $77.58. The business has a fifty day simple moving average of $75.06 and a 200-day simple moving average of $71.70. The firm has a market cap of $11.34 billion, a P/E ratio of 16.03 and a beta of 0.77.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.8524 dividend. The ex-dividend date 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.