Cadence Bank Increases Stake in iShares MSCI ACWI ex U.S. ETF $ACWX

Cadence Bank grew its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 423,975 shares of the company’s stock after acquiring an additional 9,431 shares during the period. iShares MSCI ACWI ex U.S. ETF comprises 1.7% of Cadence Bank’s portfolio, making the stock its 11th largest holding. Cadence Bank owned 0.40% of iShares MSCI ACWI ex U.S. ETF worth $27,563,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. increased its position in iShares MSCI ACWI ex U.S. ETF by 36.5% during the second quarter. Ameriprise Financial Inc. now owns 1,459,669 shares of the company’s stock worth $88,939,000 after buying an additional 390,483 shares in the last quarter. Ensign Peak Advisors Inc acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the second quarter worth $22,641,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the second quarter valued at $20,211,000. JPMorgan Chase & Co. grew its holdings in iShares MSCI ACWI ex U.S. ETF by 38.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,159,733 shares of the company’s stock valued at $70,674,000 after buying an additional 321,797 shares during the period. Finally, MML Investors Services LLC increased its stake in shares of iShares MSCI ACWI ex U.S. ETF by 56.8% during the 2nd quarter. MML Investors Services LLC now owns 747,363 shares of the company’s stock valued at $45,544,000 after acquiring an additional 270,804 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of ACWX stock opened at $68.20 on Friday. The firm has a market cap of $8.36 billion, a P/E ratio of 16.03 and a beta of 0.79. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $48.99 and a 1-year high of $74.92. The firm’s 50-day simple moving average is $71.27 and its 200-day simple moving average is $67.60.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.0488 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 318.0%.

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.