Envestnet Asset Management Inc. Purchases 180,622 Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 36.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 674,605 shares of the company’s stock after purchasing an additional 180,622 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.80% of iShares MSCI ACWI ex U.S. ETF worth $35,842,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Principal Securities Inc. bought a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $56,000. Wells Fargo & Company MN increased its stake in iShares MSCI ACWI ex U.S. ETF by 21.8% in the fourth quarter. Wells Fargo & Company MN now owns 373,809 shares of the company’s stock valued at $19,079,000 after acquiring an additional 66,901 shares during the period. Corient Private Wealth LLC raised its position in iShares MSCI ACWI ex U.S. ETF by 7.7% in the fourth quarter. Corient Private Wealth LLC now owns 402,855 shares of the company’s stock worth $20,562,000 after purchasing an additional 28,686 shares in the last quarter. Franklin Resources Inc. lifted its stake in iShares MSCI ACWI ex U.S. ETF by 1.2% during the fourth quarter. Franklin Resources Inc. now owns 566,902 shares of the company’s stock worth $28,935,000 after purchasing an additional 6,564 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 16.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 55,365 shares of the company’s stock valued at $2,826,000 after purchasing an additional 7,737 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.7 %

Shares of ACWX opened at $55.73 on Friday. The stock has a market cap of $4.68 billion, a PE ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $44.89 and a 1 year high of $56.24. The stock has a 50 day simple moving average of $54.24 and a 200-day simple moving average of $53.68.

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.