159,375 Shares of iShares MSCI ACWI ex U.S. ETF $ACWX Bought by Cumberland Advisors Inc.

Cumberland Advisors Inc. acquired a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the third quarter, Holdings Channel.com reports. The fund acquired 159,375 shares of the company’s stock, valued at approximately $12,052,000. iShares MSCI ACWI ex U.S. ETF accounts for 4.3% of Cumberland Advisors Inc.’s holdings, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACWX. Ferguson Wellman Capital Management Inc. purchased a new position in iShares MSCI ACWI ex U.S. ETF during the first quarter worth about $376,668,000. Park Avenue Securities LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at about $268,374,000. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 21.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,621,489 shares of the company’s stock valued at $199,521,000 after buying an additional 469,335 shares during the period. German American Bancorp Inc. grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 4.1% in the 1st quarter. German American Bancorp Inc. now owns 1,677,698 shares of the company’s stock valued at $114,872,000 after buying an additional 65,595 shares during the period. Finally, Winthrop Advisory Group LLC grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 3.5% in the 3rd quarter. Winthrop Advisory Group LLC now owns 1,431,505 shares of the company’s stock valued at $108,250,000 after buying an additional 48,837 shares during the period.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of NASDAQ ACWX opened at $73.27 on Wednesday. The company has a 50 day simple moving average of $75.89 and a 200-day simple moving average of $74.12. The company has a market capitalization of $17.69 billion, a P/E ratio of 16.03 and a beta of 0.78. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $64.01 and a 1 year high of $78.78.

iShares MSCI ACWI ex U.S. ETF Company 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.