Cumberland Advisors Inc. Makes New Investment in iShares MSCI ACWI ex U.S. ETF $ACWX

Cumberland Advisors Inc. bought a new stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 159,375 shares of the company’s stock, valued at approximately $12,052,000. iShares MSCI ACWI ex U.S. ETF comprises 4.3% of Cumberland Advisors Inc.’s holdings, making the stock its 5th largest holding. Cumberland Advisors Inc. owned 0.07% of iShares MSCI ACWI ex U.S. ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Granite FO LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the third quarter worth about $25,000. Laurel Wealth Advisors LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 3rd quarter valued at about $26,000. Cedar Mountain Advisors LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 1st quarter valued at about $29,000. Bartlett & CO. Wealth Management LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF in the 1st quarter worth approximately $31,000. Finally, XP Advisory US Inc. purchased a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth approximately $37,000.

iShares MSCI ACWI ex U.S. ETF Price Performance

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

About iShares MSCI ACWI ex U.S. ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

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