Sequoia Financial Advisors LLC Acquires 25,314 Shares of iShares MSCI ACWI ex U.S. ETF $ACWX

Sequoia Financial Advisors LLC increased its holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 9.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 294,254 shares of the company’s stock after purchasing an additional 25,314 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.28% of iShares MSCI ACWI ex U.S. ETF worth $17,932,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Allianz SE bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter worth $39,000. Cranbrook Wealth Management LLC grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 296.3% in the second quarter. Cranbrook Wealth Management LLC now owns 749 shares of the company’s stock worth $46,000 after purchasing an additional 560 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the second quarter worth $53,000. CX Institutional bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter worth $52,000. Finally, NorthRock Partners LLC grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 18.2% in the first quarter. NorthRock Partners LLC now owns 1,182 shares of the company’s stock worth $66,000 after purchasing an additional 182 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Down 2.4%

Shares of iShares MSCI ACWI ex U.S. ETF stock opened at $63.98 on Monday. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $48.99 and a twelve month high of $66.50. The stock has a market cap of $6.76 billion, a price-to-earnings ratio of 16.03 and a beta of 0.82. The company’s fifty day moving average is $63.68 and its 200 day moving average is $60.26.

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.