Savvy Advisors Inc. Takes Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Savvy Advisors Inc. purchased a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,237 shares of the company’s stock, valued at approximately $380,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ACWX. Brighton Jones LLC acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $250,000. Mutual Advisors LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the first quarter worth about $212,000. Bank of New York Mellon Corp grew its position in iShares MSCI ACWI ex U.S. ETF by 10.2% during the first quarter. Bank of New York Mellon Corp now owns 78,207 shares of the company’s stock worth $4,337,000 after buying an additional 7,217 shares in the last quarter. Fund Evaluation Group LLC grew its position in iShares MSCI ACWI ex U.S. ETF by 1.7% during the first quarter. Fund Evaluation Group LLC now owns 37,762 shares of the company’s stock worth $2,094,000 after buying an additional 617 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in iShares MSCI ACWI ex U.S. ETF by 15.9% during the first quarter. Envestnet Asset Management Inc. now owns 1,046,638 shares of the company’s stock worth $58,036,000 after buying an additional 143,411 shares in the last quarter.

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

ACWX stock opened at $66.35 on Friday. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $48.99 and a twelve month high of $67.45. The company has a market cap of $7.01 billion, a PE ratio of 16.03 and a beta of 0.79. The business’s 50-day simple moving average is $64.84 and its 200 day simple moving average is $61.63.

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.