Pitcairn Co. Trims Stock Holdings in iShares MSCI ACWI ex U.S. ETF $ACWX

Pitcairn Co. cut its holdings in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 15.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 148,307 shares of the company’s stock after selling 26,129 shares during the quarter. iShares MSCI ACWI ex U.S. ETF makes up approximately 0.6% of Pitcairn Co.’s holdings, making the stock its 24th largest holding. Pitcairn Co. owned about 0.14% of iShares MSCI ACWI ex U.S. ETF worth $9,038,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in ACWX. O Connor Financial Group LLC lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 19.7% in the second quarter. O Connor Financial Group LLC now owns 6,695 shares of the company’s stock worth $410,000 after acquiring an additional 1,102 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares MSCI ACWI ex U.S. ETF by 3,004.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,477 shares of the company’s stock worth $212,000 after purchasing an additional 3,365 shares during the period. Cetera Investment Advisers lifted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 4.0% in the 2nd quarter. Cetera Investment Advisers now owns 275,868 shares of the company’s stock worth $16,811,000 after purchasing an additional 10,680 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 108.4% during the second quarter. TD Private Client Wealth LLC now owns 4,329 shares of the company’s stock valued at $264,000 after acquiring an additional 2,252 shares during the period. Finally, Brown Advisory Inc. boosted its stake in iShares MSCI ACWI ex U.S. ETF by 29.2% during the 2nd quarter. Brown Advisory Inc. now owns 138,518 shares of the company’s stock valued at $8,441,000 after purchasing an additional 31,337 shares during the period.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.7%

NASDAQ ACWX opened at $67.16 on Friday. The company has a 50-day moving average price of $66.15 and a two-hundred day moving average price of $63.45. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $48.99 and a 52 week high of $67.74. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 16.03 and a beta of 0.79.

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.