David Wealth Management LLC Takes $719,000 Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

David Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 13,779 shares of the company’s stock, valued at approximately $719,000. iShares MSCI ACWI ex U.S. ETF comprises approximately 0.6% of David Wealth Management LLC’s portfolio, making the stock its 20th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning lifted its position in iShares MSCI ACWI ex U.S. ETF by 1.9% during the 3rd quarter. Creative Planning now owns 135,781 shares of the company’s stock valued at $7,769,000 after acquiring an additional 2,547 shares during the period. SPC Financial Inc. boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 4.1% in the third quarter. SPC Financial Inc. now owns 66,437 shares of the company’s stock worth $3,802,000 after buying an additional 2,622 shares during the last quarter. Bleakley Financial Group LLC raised its stake in shares of iShares MSCI ACWI ex U.S. ETF by 95.1% in the third quarter. Bleakley Financial Group LLC now owns 10,963 shares of the company’s stock worth $627,000 after buying an additional 5,343 shares during the period. Madrona Financial Services LLC raised its holdings in iShares MSCI ACWI ex U.S. ETF by 78.8% during the third quarter. Madrona Financial Services LLC now owns 17,421 shares of the company’s stock valued at $997,000 after acquiring an additional 7,675 shares during the period. Finally, Raymond James & Associates grew its stake in iShares MSCI ACWI ex U.S. ETF by 3.0% during the third quarter. Raymond James & Associates now owns 176,179 shares of the company’s stock valued at $10,081,000 after acquiring an additional 5,091 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX opened at $54.98 on Wednesday. The company’s fifty day moving average is $53.38 and its 200 day moving average is $54.35. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $49.78 and a fifty-two week high of $57.96. The stock has a market capitalization of $5.00 billion, a PE ratio of 14.05 and a beta of 0.82.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.7673 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.