Avantax Advisory Services Inc. Raises Stock Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Avantax Advisory Services Inc. raised its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,513 shares of the company’s stock after buying an additional 617 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $444,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ACWX. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter worth approximately $36,088,000. Winthrop Advisory Group LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 117.2% in the fourth quarter. Winthrop Advisory Group LLC now owns 757,613 shares of the company’s stock worth $39,517,000 after acquiring an additional 408,828 shares during the period. Cadence Bank purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth $22,809,000. Jennison Associates LLC grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 249.6% during the 4th quarter. Jennison Associates LLC now owns 438,605 shares of the company’s stock valued at $22,878,000 after acquiring an additional 313,156 shares during the period. Finally, Todd Asset Management LLC increased its stake in shares of iShares MSCI ACWI ex U.S. ETF by 282.3% in the 4th quarter. Todd Asset Management LLC now owns 218,728 shares of the company’s stock worth $11,409,000 after purchasing an additional 161,520 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

NASDAQ ACWX opened at $56.65 on Monday. The business’s fifty day moving average is $55.03 and its 200 day moving average is $54.77. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $49.84 and a fifty-two week high of $57.96. The company has a market capitalization of $5.16 billion, a PE ratio of 16.79 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.