Itau Unibanco Holding S.A. Buys New Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Itau Unibanco Holding S.A. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 102,649 shares of the company’s stock, valued at approximately $5,454,000. Itau Unibanco Holding S.A. owned 0.12% of iShares MSCI ACWI ex U.S. ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. acquired a new position in iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at $56,000. Wells Fargo & Company MN increased its position in iShares MSCI ACWI ex U.S. ETF by 21.8% in the 4th 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. Franklin Resources Inc. raised its stake in iShares MSCI ACWI ex U.S. ETF by 1.2% during the 4th quarter. Franklin Resources Inc. now owns 566,902 shares of the company’s stock valued at $28,935,000 after acquiring an additional 6,564 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in iShares MSCI ACWI ex U.S. ETF by 16.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 55,365 shares of the company’s stock worth $2,826,000 after acquiring an additional 7,737 shares during the period. Finally, Beta Wealth Group Inc. grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 3.1% in the 4th quarter. Beta Wealth Group Inc. now owns 56,148 shares of the company’s stock valued at $2,866,000 after purchasing an additional 1,677 shares during the last quarter.

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

NASDAQ:ACWX opened at $55.73 on Friday. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $44.89 and a 12-month high of $56.24. The stock’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 P/E 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.