Essex Financial Services Inc. Trims Holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Essex Financial Services Inc. lowered its position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,326 shares of the company’s stock after selling 190 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $226,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ACWX. Winthrop Advisory Group LLC lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 117.2% during the 4th quarter. Winthrop Advisory Group LLC now owns 757,613 shares of the company’s stock valued at $39,517,000 after buying an additional 408,828 shares in the last quarter. Cadence Bank bought a new stake in iShares MSCI ACWI ex U.S. ETF during the third quarter valued at about $22,809,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter valued at about $18,892,000. Jennison Associates LLC boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 249.6% in the fourth quarter. Jennison Associates LLC now owns 438,605 shares of the company’s stock worth $22,878,000 after acquiring an additional 313,156 shares during the period. Finally, Coldstream Capital Management Inc. purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the third quarter worth about $5,544,000.

iShares MSCI ACWI ex U.S. ETF Trading Up 1.1 %

NASDAQ ACWX opened at $55.78 on Friday. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $49.84 and a 12 month high of $57.96. The stock has a market cap of $5.08 billion, a PE ratio of 14.05 and a beta of 0.82. The stock’s 50 day moving average is $53.39 and its 200 day moving average is $54.36.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.7673 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.