Ferguson Wellman Capital Management Inc. Invests $376.67 Million in iShares MSCI ACWI ex U.S. ETF $ACWX

Ferguson Wellman Capital Management Inc. bought a new position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,501,207 shares of the company’s stock, valued at approximately $376,668,000. iShares MSCI ACWI ex U.S. ETF comprises about 5.1% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its biggest holding. Ferguson Wellman Capital Management Inc. owned 3.64% of iShares MSCI ACWI ex U.S. ETF at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors raised its stake in shares of iShares MSCI ACWI ex U.S. ETF by 1.8% in the third quarter. Captrust Financial Advisors now owns 893,012 shares of the company’s stock worth $58,055,000 after acquiring an additional 15,647 shares during the last quarter. Calamos Wealth Management LLC grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 2.2% during the 4th quarter. Calamos Wealth Management LLC now owns 980,397 shares of the company’s stock worth $65,814,000 after buying an additional 20,849 shares during the period. Investment Research Partners LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the third quarter valued at approximately $4,696,000. Rathbones Group PLC lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 17.0% in the 4th quarter. Rathbones Group PLC now owns 72,304 shares of the company’s stock valued at $4,854,000 after purchasing an additional 10,485 shares during the period. Finally, Fluent Financial LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $3,191,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

NASDAQ:ACWX traded up $0.27 during trading hours on Friday, hitting $75.74. The stock had a trading volume of 1,055,934 shares, compared to its average volume of 2,601,786. iShares MSCI ACWI ex U.S. ETF has a one year low of $59.67 and a one year high of $77.58. The company has a market cap of $11.57 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. The business’s 50 day moving average is $75.52 and its 200-day moving average is $72.32.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.8524 dividend. The ex-dividend date of this dividend 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.