Orrstown Financial Services Inc. Grows Stock Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Orrstown Financial Services Inc. boosted its holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 48.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,695 shares of the company’s stock after acquiring an additional 12,234 shares during the period. iShares MSCI ACWI ex U.S. ETF accounts for about 0.4% of Orrstown Financial Services Inc.’s portfolio, making the stock its 25th largest holding. Orrstown Financial Services Inc.’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $2,530,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Rossmore Private Capital purchased a new stake in iShares MSCI ACWI ex U.S. ETF in the third quarter valued at $33,000. Caitlin John LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth $33,000. Ramirez Asset Management Inc. increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 807.9% during the 3rd quarter. Ramirez Asset Management Inc. now owns 1,144 shares of the company’s stock worth $74,000 after purchasing an additional 1,018 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the 3rd quarter worth about $81,000. Finally, National Bank of Canada FI raised its holdings in iShares MSCI ACWI ex U.S. ETF by 29.4% in the 3rd quarter. National Bank of Canada FI now owns 1,761 shares of the company’s stock valued at $115,000 after buying an additional 400 shares during the period.

iShares MSCI ACWI ex U.S. ETF Price Performance

NASDAQ ACWX opened at $66.29 on Tuesday. The stock has a market capitalization of $8.13 billion, a P/E ratio of 16.03 and a beta of 0.79. The firm’s 50-day moving average is $70.92 and its two-hundred day moving average is $68.03. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $48.99 and a 12 month high of $74.92.

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.