Fifth Third Bancorp Takes $20.94 Million Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Fifth Third Bancorp purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the first quarter, HoldingsChannel.com reports. The fund purchased 305,845 shares of the company’s stock, valued at approximately $20,941,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of ACWX. Sovran Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter valued at about $228,000. Signature Resources Capital Management LLC increased its stake 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 in the last quarter. Simplicity Wealth LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 1st quarter worth approximately $736,000. Sequoia Financial Advisors LLC raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 2.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 346,431 shares of the company’s stock worth $23,720,000 after purchasing an additional 9,132 shares during the last quarter. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 1st quarter worth approximately $29,000.

iShares MSCI ACWI ex U.S. ETF Stock Down 1.8%

Shares of NASDAQ:ACWX opened at $74.36 on Tuesday. iShares MSCI ACWI ex U.S. ETF has a 52-week low of $59.67 and a 52-week high of $77.58. The stock’s fifty day simple moving average is $75.53 and its 200-day simple moving average is $72.41. The company has a market capitalization of $11.36 billion, a P/E ratio of 16.03 and a beta of 0.77.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

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