Royal Bank of Canada Sells 450,571 Shares of iShares MSCI ACWI ex U.S. ETF $ACWX

Royal Bank of Canada lowered its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 63.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 263,770 shares of the company’s stock after selling 450,571 shares during the quarter. Royal Bank of Canada owned about 0.25% of iShares MSCI ACWI ex U.S. ETF worth $14,626,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Merit Financial Group LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 15,313.1% in the first quarter. Merit Financial Group LLC now owns 1,712,700 shares of the company’s stock worth $94,969,000 after purchasing an additional 1,701,588 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 27.6% in the first quarter. Jane Street Group LLC now owns 1,198,953 shares of the company’s stock worth $66,482,000 after purchasing an additional 259,317 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares MSCI ACWI ex U.S. ETF by 15.9% in the first quarter. Envestnet Asset Management Inc. now owns 1,046,638 shares of the company’s stock valued at $58,036,000 after acquiring an additional 143,411 shares during the last quarter. Winthrop Advisory Group LLC increased its stake in iShares MSCI ACWI ex U.S. ETF by 21.5% in the first quarter. Winthrop Advisory Group LLC now owns 920,403 shares of the company’s stock valued at $51,036,000 after acquiring an additional 162,790 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in iShares MSCI ACWI ex U.S. ETF by 9.6% in the first quarter. Cerity Partners LLC now owns 876,441 shares of the company’s stock valued at $48,599,000 after acquiring an additional 76,706 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.2%

ACWX opened at $63.76 on Thursday. The stock has a market cap of $6.73 billion, a PE ratio of 16.03 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 $64.02. The business’s fifty day simple moving average is $61.96 and its 200 day simple moving average is $58.89.

iShares MSCI ACWI ex U.S. ETF Increases Dividend

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

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.