DRW Securities LLC Sells 21,739 Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

DRW Securities LLC trimmed its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 14.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,134 shares of the company’s stock after selling 21,739 shares during the quarter. DRW Securities LLC owned about 0.15% of iShares MSCI ACWI ex U.S. ETF worth $6,632,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ACWX. Innealta Capital LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the second quarter valued at approximately $30,000. National Bank of Canada FI increased its position in iShares MSCI ACWI ex U.S. ETF by 1,622.0% during the 2nd quarter. National Bank of Canada FI now owns 861 shares of the company’s stock worth $46,000 after buying an additional 811 shares during the period. Triad Wealth Partners LLC acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the second quarter worth $53,000. Principal Securities Inc. bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $56,000. Finally, Lowe Wealth Advisors LLC boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 84.7% in the first quarter. Lowe Wealth Advisors LLC now owns 1,638 shares of the company’s stock valued at $87,000 after acquiring an additional 751 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Performance

NASDAQ:ACWX opened at $55.73 on Friday. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $44.89 and a 52 week high of $56.24. The firm’s 50-day simple moving average is $54.24 and its 200 day simple moving average is $53.69. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82.

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.