Valmark Advisers Inc. Purchases Shares of 3,818 iShares MSCI ACWI ex U.S. ETF $ACWX

Valmark Advisers Inc. purchased a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,818 shares of the company’s stock, valued at approximately $233,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACWX. Allianz SE bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 1st quarter valued at $39,000. Cranbrook Wealth Management LLC increased its holdings in iShares MSCI ACWI ex U.S. ETF by 296.3% in the 2nd quarter. Cranbrook Wealth Management LLC now owns 749 shares of the company’s stock valued at $46,000 after buying an additional 560 shares during the period. CX Institutional bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 1st quarter valued at $52,000. Ameritas Advisory Services LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at $53,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 1st quarter valued at $66,000.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of iShares MSCI ACWI ex U.S. ETF stock opened at $63.98 on Friday. The firm has a market capitalization of $6.76 billion, a PE ratio of 16.03 and a beta of 0.82. The company’s fifty day moving average price is $63.68 and its two-hundred day moving average price is $60.21. iShares MSCI ACWI ex U.S. ETF has a 52-week low of $48.99 and a 52-week high of $66.50.

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.