Redwood Investment Management LLC Makes New $2.60 Million Investment in iShares MSCI ACWI ex U.S. ETF $ACWX

Redwood Investment Management LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 38,032 shares of the company’s stock, valued at approximately $2,604,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ACWX. Wealthspire Advisors LLC boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 1.1% during the 4th quarter. Wealthspire Advisors LLC now owns 12,784 shares of the company’s stock worth $858,000 after acquiring an additional 141 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 0.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 18,990 shares of the company’s stock worth $1,275,000 after acquiring an additional 167 shares during the last quarter. Cim LLC raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 0.6% during the third quarter. Cim LLC now owns 26,053 shares of the company’s stock worth $1,694,000 after purchasing an additional 167 shares during the period. Angeles Wealth Management LLC raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 12.2% during the first quarter. Angeles Wealth Management LLC now owns 1,548 shares of the company’s stock worth $106,000 after purchasing an additional 168 shares during the period. Finally, Sierra Capital LLC lifted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 0.3% during the fourth quarter. Sierra Capital LLC now owns 56,374 shares of the company’s stock valued at $3,784,000 after purchasing an additional 170 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of NASDAQ ACWX opened at $75.25 on Monday. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $59.67 and a 12 month high of $77.58. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. The business has a fifty day simple moving average of $75.44 and a 200-day simple moving average of $73.04.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

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

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.