Cullen Capital Management LLC Makes New Investment in iShares MSCI ACWI ex U.S. ETF $ACWX

Cullen Capital Management LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 119,661 shares of the company’s stock, valued at approximately $7,779,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Corp bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the third quarter valued at about $1,438,000. Envestnet Portfolio Solutions Inc. grew its stake in iShares MSCI ACWI ex U.S. ETF by 13.4% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 103,714 shares of the company’s stock valued at $6,742,000 after acquiring an additional 12,258 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth approximately $533,000. Calamos Wealth Management LLC lifted its stake in iShares MSCI ACWI ex U.S. ETF by 7.0% in the 3rd quarter. Calamos Wealth Management LLC now owns 959,548 shares of the company’s stock worth $62,380,000 after purchasing an additional 62,648 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in iShares MSCI ACWI ex U.S. ETF by 12.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 118,473 shares of the company’s stock worth $7,702,000 after purchasing an additional 13,220 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Price Performance

ACWX opened at $71.20 on Thursday. The firm has a market capitalization of $8.73 billion, a P/E ratio of 16.03 and a beta of 0.79. iShares MSCI ACWI ex U.S. ETF has a one year low of $48.99 and a one year high of $72.33. The company has a fifty day moving average price of $68.39 and a 200-day moving average price of $65.70.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.0488 per share. This represents a yield of 318.0%. The ex-dividend date was Tuesday, December 16th.

iShares MSCI ACWI ex U.S. ETF Company 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.