Franklin Resources Inc. Sells 2,480 Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Franklin Resources Inc. cut its holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 523,305 shares of the company’s stock after selling 2,480 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $29,692,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sanctuary Advisors LLC increased its stake in shares of iShares MSCI ACWI ex U.S. ETF by 50.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 63,881 shares of the company’s stock worth $3,437,000 after purchasing an additional 21,361 shares in the last quarter. Soltis Investment Advisors LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the third quarter valued at about $314,000. TD Private Client Wealth LLC purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the third quarter worth about $149,000. Coldstream Capital Management Inc. bought a new position in shares of iShares MSCI ACWI ex U.S. ETF in the third quarter worth about $5,544,000. Finally, Guardian Wealth Management Inc. lifted its position in shares of iShares MSCI ACWI ex U.S. ETF by 98.9% during the 3rd quarter. Guardian Wealth Management Inc. now owns 2,550 shares of the company’s stock valued at $146,000 after buying an additional 1,268 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Down 2.5 %

iShares MSCI ACWI ex U.S. ETF stock opened at $52.10 on Thursday. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $48.68 and a 12-month high of $57.96. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. The firm has a 50 day moving average of $54.76 and a 200 day moving average of $54.56.

iShares MSCI ACWI ex U.S. ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th will be paid a $0.7673 dividend. The ex-dividend date of this dividend is Tuesday, December 17th.

About iShares MSCI ACWI ex U.S. ETF

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.