Brightwater Advisory LLC Takes $1.81 Million Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Brightwater Advisory LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,118 shares of the company’s stock, valued at approximately $1,813,000. iShares MSCI ACWI ex U.S. ETF comprises approximately 1.3% of Brightwater Advisory LLC’s investment portfolio, making the stock its 24th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mirador Capital Partners LP boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 3.1% during the second quarter. Mirador Capital Partners LP now owns 6,903 shares of the company’s stock worth $367,000 after purchasing an additional 208 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 0.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 74,937 shares of the company’s stock worth $3,981,000 after purchasing an additional 230 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI ACWI ex U.S. ETF by 1.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,200 shares of the company’s stock worth $1,126,000 after purchasing an additional 246 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in iShares MSCI ACWI ex U.S. ETF by 2.4% in the fourth quarter. Belpointe Asset Management LLC now owns 10,561 shares of the company’s stock valued at $539,000 after acquiring an additional 250 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its stake in iShares MSCI ACWI ex U.S. ETF by 5.9% in the second quarter. Essex Financial Services Inc. now owns 4,516 shares of the company’s stock valued at $240,000 after acquiring an additional 251 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Down 0.2 %

ACWX opened at $57.11 on Wednesday. The stock has a market cap of $4.80 billion, a price-to-earnings ratio of 14.05 and a beta of 0.82. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $44.89 and a twelve month high of $57.96. The company’s 50-day moving average price is $54.60 and its two-hundred day moving average price is $53.90.

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.