DKM Wealth Management Inc. Invests $682,000 in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

DKM Wealth Management Inc. purchased a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,080 shares of the company’s stock, valued at approximately $682,000. iShares MSCI ACWI ex U.S. ETF makes up about 0.6% of DKM Wealth Management Inc.’s portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.5% in the 4th quarter. Marks Group Wealth Management Inc now owns 12,743 shares of the company’s stock valued at $665,000 after purchasing an additional 186 shares during the period. VERITY Wealth Advisors increased its stake in iShares MSCI ACWI ex U.S. ETF by 0.4% in the 4th quarter. VERITY Wealth Advisors now owns 55,903 shares of the company’s stock valued at $2,916,000 after buying an additional 210 shares during the period. Leo Wealth LLC lifted its position in iShares MSCI ACWI ex U.S. ETF by 1.2% in the 4th quarter. Leo Wealth LLC now owns 18,407 shares of the company’s stock worth $960,000 after buying an additional 214 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 11.6% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,277 shares of the company’s stock valued at $120,000 after buying an additional 237 shares during the period. Finally, Smith Anglin Financial LLC grew its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.5% during the 4th quarter. Smith Anglin Financial LLC now owns 17,057 shares of the company’s stock valued at $890,000 after acquiring an additional 248 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Up 0.3 %

Shares of NASDAQ:ACWX opened at $55.64 on Wednesday. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 16.79 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $49.84 and a 1 year high of $57.96. The business has a fifty day simple moving average of $55.56 and a 200 day simple moving average of $54.86.

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.