Madison Asset Management LLC Invests $664,000 in iShares MSCI ACWI ex U.S. ETF $ACWX

Madison Asset Management LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the fourth quarter, Holdings Channel.com reports. The firm purchased 9,887 shares of the company’s stock, valued at approximately $664,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACWX. International Assets Investment Management LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at about $29,000. Rossmore Private Capital acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $33,000. Caitlin John LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter valued at about $33,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at about $48,000. Finally, LRI Investments LLC acquired a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at about $51,000.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of NASDAQ ACWX opened at $75.41 on Friday. The firm has a market cap of $11.40 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77. The business’s 50-day simple moving average is $71.26 and its 200-day simple moving average is $69.67. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $58.47 and a 52 week high of $76.08.

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.