Beacon Pointe Advisors LLC Has $643,000 Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Beacon Pointe Advisors LLC grew its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 73.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,588 shares of the company’s stock after buying an additional 5,350 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $643,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at approximately $41,000. GAMMA Investing LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth approximately $50,000. Principal Securities Inc. acquired a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth approximately $56,000. DB Wealth Management Group LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 49.3% during the 3rd quarter. DB Wealth Management Group LLC now owns 1,214 shares of the company’s stock worth $57,000 after purchasing an additional 401 shares in the last quarter. Finally, WCM Investment Management LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter worth approximately $153,000.

iShares MSCI ACWI ex U.S. ETF Price Performance

ACWX stock opened at $54.52 on Thursday. The company has a 50 day simple moving average of $53.12 and a 200 day simple moving average of $51.26. The stock has a market cap of $4.73 billion, a price-to-earnings 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 $55.21.

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.