Archer Investment Management LLC Invests $353,000 in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Archer Investment Management LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,774 shares of the company’s stock, valued at approximately $353,000.

Other institutional investors also recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at $28,000. Reston Wealth Management LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the third quarter valued at $69,000. Brown Brothers Harriman & Co. bought a new position in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $80,000. GAMMA Investing LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 51.0% during the 4th quarter. GAMMA Investing LLC now owns 1,984 shares of the company’s stock valued at $103,000 after acquiring an additional 670 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $127,000.

iShares MSCI ACWI ex U.S. ETF Trading Down 1.0 %

Shares of ACWX opened at $53.45 on Tuesday. The firm has a fifty day simple moving average of $53.35 and a two-hundred day simple moving average of $54.32. The firm has a market cap of $4.86 billion, a PE ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $49.78 and a 1-year high of $57.96.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors 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.