First Citizens Bank & Trust Co. Has $2.14 Million Position in iShares MSCI ACWI ex U.S. ETF $ACWX

First Citizens Bank & Trust Co. cut its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 8.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 35,103 shares of the company’s stock after selling 3,228 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $2,139,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ACWX. Brighton Jones LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at approximately $250,000. Cambridge Investment Research Advisors Inc. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 8.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 71,301 shares of the company’s stock valued at $3,954,000 after acquiring an additional 5,529 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 17.0% in the first quarter. Sequoia Financial Advisors LLC now owns 268,940 shares of the company’s stock valued at $14,913,000 after acquiring an additional 39,122 shares during the last quarter. Madrona Financial Services LLC boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 1,675.4% in the first quarter. Madrona Financial Services LLC now owns 170,283 shares of the company’s stock valued at $9,442,000 after acquiring an additional 160,692 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares MSCI ACWI ex U.S. ETF in the first quarter valued at approximately $1,898,000.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of ACWX stock opened at $66.29 on Friday. The business’s 50 day simple moving average is $64.40 and its 200 day simple moving average is $60.91. iShares MSCI ACWI ex U.S. ETF has a one year low of $48.99 and a one year high of $66.61. The stock has a market capitalization of $7.00 billion, a PE ratio of 16.03 and a beta of 0.82.

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.