Ferguson Wellman Capital Management Inc. Invests $376.67 Million in iShares MSCI ACWI ex U.S. ETF $ACWX

Ferguson Wellman Capital Management Inc. acquired a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 5,501,207 shares of the company’s stock, valued at approximately $376,668,000. iShares MSCI ACWI ex U.S. ETF comprises approximately 5.1% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its biggest position.

Other hedge funds also recently modified their holdings of the company. Midwest Trust Co raised its holdings in iShares MSCI ACWI ex U.S. ETF by 3.0% during the first quarter. Midwest Trust Co now owns 11,531 shares of the company’s stock worth $790,000 after acquiring an additional 339 shares in the last quarter. Fifth Third Bancorp bought a new position in iShares MSCI ACWI ex U.S. ETF in the first quarter valued at approximately $20,941,000. Sovran Advisors LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 1st quarter worth approximately $228,000. Signature Resources Capital Management LLC increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 2,624.0% during the 1st quarter. Signature Resources Capital Management LLC now owns 681 shares of the company’s stock worth $47,000 after purchasing an additional 656 shares during the last quarter. Finally, Simplicity Wealth LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 1st quarter worth approximately $736,000.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.4%

Shares of iShares MSCI ACWI ex U.S. ETF stock traded up $0.27 on Friday, reaching $75.74. 1,055,934 shares of the company were exchanged, compared to its average volume of 2,601,786. The company has a market capitalization of $11.57 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. iShares MSCI ACWI ex U.S. ETF has a one year low of $59.67 and a one year high of $77.58. The company has a 50-day moving average of $75.52 and a 200 day moving average of $72.32.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.8524 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.