Physician Wealth Advisors Inc. Takes Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Physician Wealth Advisors 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 491,882 shares of the company’s stock, valued at approximately $33,679,000. iShares MSCI ACWI ex U.S. ETF comprises about 4.7% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding.

Several other large investors have also made changes to their positions in ACWX. Bank of America Corp DE lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 5.3% during the 3rd quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock valued at $366,427,000 after purchasing an additional 284,654 shares during the last quarter. Morgan Stanley grew its stake in iShares MSCI ACWI ex U.S. ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 5,336,686 shares of the company’s stock worth $358,252,000 after buying an additional 34,953 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI ACWI ex U.S. ETF by 12,239.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,897,126 shares of the company’s stock worth $194,484,000 after buying an additional 2,873,647 shares during the last quarter. UBS Group AG increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2.9% during the fourth quarter. UBS Group AG now owns 2,761,518 shares of the company’s stock worth $185,381,000 after buying an additional 79,121 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2,864.9% during the fourth quarter. Jane Street Group LLC now owns 2,400,049 shares of the company’s stock worth $161,115,000 after buying an additional 2,319,101 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Down 1.5%

NASDAQ:ACWX opened at $74.99 on Thursday. The stock has a market capitalization of $11.34 billion, a P/E ratio of 16.03 and a beta of 0.77. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $59.67 and a 1 year high of $77.58. The firm has a 50 day moving average of $75.15 and a 200-day moving average of $71.91.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.8524 dividend. The ex-dividend date 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.