Rhumbline Advisers Sells 55,252 Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Rhumbline Advisers reduced its holdings in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 27.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 147,049 shares of the company’s stock after selling 55,252 shares during the quarter. Rhumbline Advisers owned 0.14% of iShares MSCI ACWI ex U.S. ETF worth $8,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of ACWX. Bank of America Corp DE lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 51.6% in the fourth quarter. Bank of America Corp DE now owns 7,498,372 shares of the company’s stock valued at $391,115,000 after acquiring an additional 2,551,619 shares during the period. Lazard Asset Management LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 296.4% in the fourth quarter. Lazard Asset Management LLC now owns 1,008,403 shares of the company’s stock valued at $52,598,000 after acquiring an additional 753,989 shares during the period. Raymond James Financial Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $36,088,000. Clark Capital Management Group Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $30,789,000. Finally, Royal Bank of Canada lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 153.6% in the fourth quarter. Royal Bank of Canada now owns 714,341 shares of the company’s stock valued at $37,260,000 after acquiring an additional 432,615 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Performance

ACWX stock opened at $60.86 on Wednesday. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $48.99 and a fifty-two week high of $60.94. The business’s 50-day moving average is $56.97 and its two-hundred day moving average is $55.37. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 16.00 and a beta of 0.78.

iShares MSCI ACWI ex U.S. ETF 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.