Sequoia Financial Advisors LLC Has $17.93 Million Stake in iShares MSCI ACWI ex U.S. ETF $ACWX

Sequoia Financial Advisors LLC boosted its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 9.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 294,254 shares of the company’s stock after buying an additional 25,314 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $17,932,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ACWX. Brighton Jones LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at $250,000. CX Institutional acquired a new position in iShares MSCI ACWI ex U.S. ETF in the first quarter valued at $52,000. Sagespring Wealth Partners LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 3.9% in the first quarter. Sagespring Wealth Partners LLC now owns 17,251 shares of the company’s stock valued at $957,000 after buying an additional 653 shares during the period. Premier Path Wealth Partners LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 11.6% in the first quarter. Premier Path Wealth Partners LLC now owns 152,929 shares of the company’s stock valued at $8,480,000 after buying an additional 15,940 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 28.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 98,825 shares of the company’s stock valued at $5,480,000 after buying an additional 21,591 shares during the period.

iShares MSCI ACWI ex U.S. ETF Price Performance

ACWX stock opened at $63.98 on Monday. The stock has a market capitalization of $6.76 billion, a PE ratio of 16.03 and a beta of 0.82. The company’s 50-day moving average is $63.68 and its 200-day moving average is $60.26. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $48.99 and a 1 year high of $66.50.

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.