CX Institutional Buys Shares of 935 iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

CX Institutional purchased a new position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 935 shares of the company’s stock, valued at approximately $52,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 51.6% during the 4th quarter. Bank of America Corp DE now owns 7,498,372 shares of the company’s stock worth $391,115,000 after acquiring an additional 2,551,619 shares during the period. Merit Financial Group LLC lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 15,313.1% during the 1st quarter. Merit Financial Group LLC now owns 1,712,700 shares of the company’s stock valued at $94,969,000 after buying an additional 1,701,588 shares in the last quarter. Lazard Asset Management LLC grew its stake in iShares MSCI ACWI ex U.S. ETF by 296.4% in the 4th quarter. Lazard Asset Management LLC now owns 1,008,403 shares of the company’s stock valued at $52,598,000 after buying an additional 753,989 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth $36,088,000. Finally, Clark Capital Management Group Inc. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at $30,789,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX opened at $59.21 on Wednesday. The stock has a market capitalization of $6.24 billion, a price-to-earnings ratio of 16.00 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 52-week low of $48.99 and a 52-week high of $61.28. The stock’s 50-day simple moving average is $57.95 and its 200 day simple moving average is $55.59.

iShares MSCI ACWI ex U.S. ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 16th will be paid a dividend of $0.8468 per share. The ex-dividend date of this dividend is Monday, June 16th. This is a boost from iShares MSCI ACWI ex U.S. ETF’s previous dividend of $0.77.

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.