Bank of America Corp DE Cuts Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Bank of America Corp DE decreased its holdings in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 1.1% in the first quarter, Holdings Channel.com reports. The firm owned 7,161,717 shares of the company’s stock after selling 76,711 shares during the period. Bank of America Corp DE’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $490,363,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Arkadios Wealth Advisors boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 1.6% in the 1st quarter. Arkadios Wealth Advisors now owns 59,828 shares of the company’s stock worth $4,096,000 after purchasing an additional 918 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the 1st quarter worth approximately $77,000. Empowered Funds LLC bought a new position in iShares MSCI ACWI ex U.S. ETF during the 1st quarter valued at approximately $4,310,000. American Capital Management Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF during the 1st quarter valued at approximately $208,000. Finally, Quantinno Capital Management LP increased its position in iShares MSCI ACWI ex U.S. ETF by 27.2% during the 1st quarter. Quantinno Capital Management LP now owns 56,034 shares of the company’s stock valued at $3,837,000 after buying an additional 11,970 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.2%

Shares of NASDAQ:ACWX opened at $75.25 on Friday. The stock has a fifty day simple moving average of $75.44 and a two-hundred day simple moving average of $73.02. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $59.67 and a 12-month high of $77.58. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

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

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.