Merit Financial Group LLC Sells 2,229,940 Shares of iShares MSCI ACWI ex U.S. ETF $ACWX

Merit Financial Group LLC lowered its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 85.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 381,609 shares of the company’s stock after selling 2,229,940 shares during the period. Merit Financial Group LLC owned approximately 0.36% of iShares MSCI ACWI ex U.S. ETF worth $24,808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Security National Bank lifted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 13.4% in the third quarter. Security National Bank now owns 8,546 shares of the company’s stock valued at $556,000 after purchasing an additional 1,007 shares in the last quarter. Calamos Wealth Management LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 7.0% in the 3rd quarter. Calamos Wealth Management LLC now owns 959,548 shares of the company’s stock valued at $62,380,000 after buying an additional 62,648 shares during the last quarter. Nixon Peabody Trust Co. lifted its stake in iShares MSCI ACWI ex U.S. ETF by 7.4% during the 3rd quarter. Nixon Peabody Trust Co. now owns 32,887 shares of the company’s stock valued at $2,138,000 after acquiring an additional 2,270 shares in the last quarter. Chesapeake Asset Management LLC lifted its stake in iShares MSCI ACWI ex U.S. ETF by 2.5% during the 3rd quarter. Chesapeake Asset Management LLC now owns 10,935 shares of the company’s stock valued at $711,000 after acquiring an additional 263 shares in the last quarter. Finally, Sandbox Financial Partners LLC boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 11.3% during the 3rd quarter. Sandbox Financial Partners LLC now owns 101,925 shares of the company’s stock worth $6,626,000 after acquiring an additional 10,371 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of ACWX stock opened at $67.43 on Wednesday. The firm has a 50-day moving average of $66.43 and a 200-day moving average of $64.02. iShares MSCI ACWI ex U.S. ETF has a one year low of $48.99 and a one year high of $67.74. The company has a market cap of $7.20 billion, a P/E ratio of 16.03 and a beta of 0.79.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $1.0488 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 318.0%.

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.