Mirae Asset Global Investments Co. Ltd. Increases Stock Holdings in iShares MSCI ACWI ex U.S. ETF $ACWX

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 15.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 287,200 shares of the company’s stock after buying an additional 38,300 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $19,280,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 5.3% during the third quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock valued at $366,427,000 after buying an additional 284,654 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI ACWI ex U.S. ETF by 24.3% during the third quarter. Ameriprise Financial Inc. now owns 1,814,922 shares of the company’s stock valued at $117,955,000 after buying an additional 355,253 shares during the last quarter. German American Bancorp Inc. boosted its position in iShares MSCI ACWI ex U.S. ETF by 3.2% in the third quarter. German American Bancorp Inc. now owns 1,619,716 shares of the company’s stock worth $105,298,000 after purchasing an additional 49,962 shares during the last quarter. Focus Partners Wealth boosted its position in iShares MSCI ACWI ex U.S. ETF by 4.8% in the third quarter. Focus Partners Wealth now owns 1,569,446 shares of the company’s stock worth $102,067,000 after purchasing an additional 71,531 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in iShares MSCI ACWI ex U.S. ETF by 9.4% in the third quarter. Envestnet Asset Management Inc. now owns 1,288,945 shares of the company’s stock worth $83,794,000 after purchasing an additional 111,236 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Up 1.4%

ACWX stock opened at $74.47 on Friday. The stock’s fifty day simple moving average is $71.04 and its two-hundred day simple moving average is $68.66. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $54.02 and a 1-year high of $75.08. The stock has a market cap of $11.26 billion, a P/E ratio of 16.03 and a beta of 0.76.

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.