First Horizon Corp Takes Position in iShares MSCI ACWI ex U.S. ETF $ACWX

First Horizon Corp bought a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the 3rd quarter, Holdings Channel.com reports. The firm bought 22,127 shares of the company’s stock, valued at approximately $1,438,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Merit Financial Group LLC raised its stake in iShares MSCI ACWI ex U.S. ETF by 52.5% in the second quarter. Merit Financial Group LLC now owns 2,611,549 shares of the company’s stock valued at $159,148,000 after buying an additional 898,849 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 36.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,459,669 shares of the company’s stock worth $88,939,000 after acquiring an additional 390,483 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock worth $67,790,000 after acquiring an additional 23,283 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares MSCI ACWI ex U.S. ETF by 12.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,177,709 shares of the company’s stock valued at $71,770,000 after acquiring an additional 131,071 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 38.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,159,733 shares of the company’s stock valued at $70,674,000 after purchasing an additional 321,797 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Price Performance

ACWX stock opened at $69.82 on Tuesday. iShares MSCI ACWI ex U.S. ETF has a one year low of $48.99 and a one year high of $69.86. The stock has a market cap of $8.49 billion, a price-to-earnings ratio of 16.03 and a beta of 0.79. The company has a fifty day moving average price of $66.79 and a two-hundred day moving average price of $64.59.

iShares MSCI ACWI ex U.S. ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued 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.