Power Wealth Management LLC Takes Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Power Wealth Management LLC bought a new position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 42,257 shares of the company’s stock, valued at approximately $2,157,000. iShares MSCI ACWI ex U.S. ETF comprises 1.5% of Power Wealth Management LLC’s holdings, making the stock its 19th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC grew its stake in shares of iShares MSCI ACWI ex U.S. ETF by 15.3% during the fourth quarter. Baystate Wealth Management LLC now owns 62,344 shares of the company’s stock worth $3,182,000 after acquiring an additional 8,294 shares during the last quarter. New York State Common Retirement Fund increased its stake in iShares MSCI ACWI ex U.S. ETF by 3.4% during the 4th quarter. New York State Common Retirement Fund now owns 1,591,823 shares of the company’s stock valued at $81,247,000 after purchasing an additional 51,733 shares in the last quarter. GAMMA Investing LLC acquired a new position in iShares MSCI ACWI ex U.S. ETF during the 4th quarter valued at approximately $50,000. Certuity LLC raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.4% in the fourth quarter. Certuity LLC now owns 49,948 shares of the company’s stock worth $2,549,000 after buying an additional 697 shares during the last quarter. Finally, First Hawaiian Bank lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 1.4% during the fourth quarter. First Hawaiian Bank now owns 66,160 shares of the company’s stock worth $3,377,000 after buying an additional 900 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of NASDAQ ACWX traded up $0.48 during mid-day trading on Friday, hitting $53.40. The stock had a trading volume of 831,985 shares, compared to its average volume of 1,314,007. The firm has a market cap of $4.64 billion, a PE ratio of 14.05 and a beta of 0.88. The company has a 50 day moving average of $52.60 and a two-hundred day moving average of $50.48. iShares MSCI ACWI ex U.S. ETF has a twelve month low of $44.89 and a twelve month high of $53.74.

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.