Ramirez Asset Management Inc. Boosts Holdings in iShares MSCI ACWI ex U.S. ETF $ACWX

Ramirez Asset Management Inc. lifted its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 3,449.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 40,608 shares of the company’s stock after acquiring an additional 39,464 shares during the period. Ramirez Asset Management Inc.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $2,726,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ACWX. Brighton Jones LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $250,000. AQR Capital Management LLC grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 8.2% in the 1st quarter. AQR Capital Management LLC now owns 19,813 shares of the company’s stock valued at $1,099,000 after buying an additional 1,498 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of iShares MSCI ACWI ex U.S. ETF by 1.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock valued at $67,790,000 after buying an additional 23,283 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at $1,467,000. Finally, Ieq Capital LLC boosted its stake in iShares MSCI ACWI ex U.S. ETF by 41.6% during the 2nd quarter. Ieq Capital LLC now owns 61,462 shares of the company’s stock worth $3,746,000 after purchasing an additional 18,045 shares during the period.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of NASDAQ:ACWX opened at $73.92 on Friday. The stock has a market cap of $11.18 billion, a P/E ratio of 16.03 and a beta of 0.77. The firm has a fifty day moving average price of $73.33 and a 200 day moving average price of $70.66. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $58.47 and a 1-year high of $77.58.

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.