Midwestern Financial LLC IA Has $6.05 Million Holdings in iShares MSCI ACWI ex U.S. ETF $ACWX

Midwestern Financial LLC IA raised its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 22.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 92,992 shares of the company’s stock after buying an additional 17,032 shares during the period. iShares MSCI ACWI ex U.S. ETF makes up 5.2% of Midwestern Financial LLC IA’s investment portfolio, making the stock its 4th biggest position. Midwestern Financial LLC IA’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $6,045,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACWX. Bank of America Corp DE increased its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 5.3% during the third quarter. Bank of America Corp DE now owns 5,636,472 shares of the company’s stock worth $366,427,000 after buying an additional 284,654 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 24.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,814,922 shares of the company’s stock valued at $117,955,000 after acquiring an additional 355,253 shares in the last quarter. German American Bancorp Inc. boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 3.2% during the 3rd quarter. German American Bancorp Inc. now owns 1,619,716 shares of the company’s stock valued at $105,298,000 after acquiring an additional 49,962 shares in the last quarter. Focus Partners Wealth grew its position in iShares MSCI ACWI ex U.S. ETF by 4.8% during the 3rd quarter. Focus Partners Wealth now owns 1,569,446 shares of the company’s stock worth $102,067,000 after acquiring an additional 71,531 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares MSCI ACWI ex U.S. ETF by 9.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,288,945 shares of the company’s stock worth $83,794,000 after purchasing an additional 111,236 shares in the last quarter.

iShares MSCI ACWI ex U.S. ETF Trading Up 2.1%

iShares MSCI ACWI ex U.S. ETF stock opened at $69.63 on Tuesday. The company has a market capitalization of $8.54 billion, a PE ratio of 16.03 and a beta of 0.79. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $48.99 and a 12 month high of $74.92. The stock has a 50-day moving average price of $71.28 and a two-hundred day moving average price of $67.71.

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.