Prime Capital Investment Advisors LLC Reduces Stake in iShares MSCI ACWI ex U.S. ETF $ACWX

Prime Capital Investment Advisors LLC lowered its holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 42.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 23,283 shares of the company’s stock after selling 17,408 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $1,419,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Red Tortoise LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.4% in the 2nd quarter. Red Tortoise LLC now owns 46,341 shares of the company’s stock valued at $2,824,000 after acquiring an additional 630 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 4.5% in the 2nd quarter. Belpointe Asset Management LLC now owns 57,332 shares of the company’s stock valued at $3,494,000 after acquiring an additional 2,489 shares during the last quarter. Euro Pacific Asset Management LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at about $648,000. Merit Financial Group LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 52.5% in the 2nd quarter. Merit Financial Group LLC now owns 2,611,549 shares of the company’s stock valued at $159,148,000 after acquiring an additional 898,849 shares during the last quarter. Finally, Gutierrez Wealth Advisory LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at about $1,210,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

ACWX opened at $66.16 on Thursday. iShares MSCI ACWI ex U.S. ETF has a one year low of $48.99 and a one year high of $66.50. The company has a market cap of $6.99 billion, a P/E ratio of 16.03 and a beta of 0.82. The business’s 50-day simple moving average is $63.50 and its 200-day simple moving average is $60.10.

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.