Sequoia Financial Advisors LLC Decreases Stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Sequoia Financial Advisors LLC reduced its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 2.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 224,448 shares of the company’s stock after selling 4,628 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $12,843,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirador Capital Partners LP lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 3.1% in the second quarter. Mirador Capital Partners LP now owns 6,903 shares of the company’s stock worth $367,000 after acquiring an additional 208 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 0.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 74,937 shares of the company’s stock worth $3,981,000 after buying an additional 230 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,200 shares of the company’s stock worth $1,126,000 after buying an additional 246 shares in the last quarter. Essex Financial Services Inc. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 5.9% during the second quarter. Essex Financial Services Inc. now owns 4,516 shares of the company’s stock worth $240,000 after buying an additional 251 shares in the last quarter. Finally, First Citizens Bank & Trust Co. raised its stake in iShares MSCI ACWI ex U.S. ETF by 0.6% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 40,121 shares of the company’s stock valued at $2,132,000 after purchasing an additional 253 shares during the period.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.6 %

NASDAQ:ACWX traded down $0.33 on Tuesday, hitting $55.55. 222,871 shares of the company’s stock traded hands, compared to its average volume of 1,047,358. The company has a market cap of $4.67 billion, a PE ratio of 14.05 and a beta of 0.82. The firm has a 50-day moving average price of $55.66 and a 200-day moving average price of $54.22. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $44.89 and a 1 year high of $57.96.

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.