LGT Financial Advisors LLC Cuts Stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

LGT Financial Advisors LLC lessened its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 13.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,481 shares of the company’s stock after selling 227 shares during the quarter. LGT Financial Advisors LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $85,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in ACWX. Private Advisor Group LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter valued at $402,000. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares MSCI ACWI ex U.S. ETF by 113.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 44,359 shares of the company’s stock valued at $2,368,000 after purchasing an additional 23,534 shares during the last quarter. Bedel Financial Consulting Inc. boosted its position in iShares MSCI ACWI ex U.S. ETF by 9.5% during the first quarter. Bedel Financial Consulting Inc. now owns 27,532 shares of the company’s stock worth $1,470,000 after purchasing an additional 2,396 shares during the period. Headlands Technologies LLC bought a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the first quarter valued at approximately $360,000. Finally, US Bancorp DE grew its stake in iShares MSCI ACWI ex U.S. ETF by 1.3% in the 1st quarter. US Bancorp DE now owns 728,171 shares of the company’s stock valued at $38,877,000 after buying an additional 9,091 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of NASDAQ ACWX opened at $54.74 on Thursday. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $46.78 and a fifty-two week high of $57.96. The stock has a market cap of $4.60 billion, a PE ratio of 14.05 and a beta of 0.82. The stock has a fifty day moving average of $55.72 and a 200-day moving average of $54.45.

iShares MSCI ACWI ex U.S. ETF 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.