Jennison Associates LLC Grows Stock Position in iShares MSCI ACWI ex U.S. ETF $ACWX

Jennison Associates LLC raised its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 593.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 837,174 shares of the company’s stock after acquiring an additional 716,382 shares during the quarter. Jennison Associates LLC owned 0.68% of iShares MSCI ACWI ex U.S. ETF worth $56,200,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ACWX. Archer Investment Corp lifted its position in shares of iShares MSCI ACWI ex U.S. ETF by 77.8% during the fourth quarter. Archer Investment Corp now owns 800 shares of the company’s stock worth $54,000 after purchasing an additional 350 shares in the last quarter. FSA Wealth Partners Inc. boosted its stake in shares of iShares MSCI ACWI ex U.S. ETF by 70.3% in the fourth quarter. FSA Wealth Partners Inc. now owns 414,524 shares of the company’s stock valued at $27,827,000 after purchasing an additional 171,139 shares during the period. AMG National Trust Bank grew its holdings in iShares MSCI ACWI ex U.S. ETF by 0.3% during the 4th quarter. AMG National Trust Bank now owns 696,149 shares of the company’s stock valued at $46,733,000 after purchasing an additional 2,194 shares in the last quarter. Cadence Bank increased its stake in iShares MSCI ACWI ex U.S. ETF by 3.3% during the 4th quarter. Cadence Bank now owns 437,986 shares of the company’s stock worth $29,402,000 after buying an additional 14,011 shares during the period. Finally, Certuity LLC increased its stake in iShares MSCI ACWI ex U.S. ETF by 4.7% during the 4th quarter. Certuity LLC now owns 54,638 shares of the company’s stock worth $3,668,000 after buying an additional 2,468 shares during the period.

iShares MSCI ACWI ex U.S. ETF Price Performance

Shares of ACWX stock opened at $73.63 on Friday. The company’s fifty day moving average price is $71.02 and its two-hundred day moving average price is $69.10. The firm has a market capitalization of $11.13 billion, a P/E ratio of 16.03 and a beta of 0.76. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $56.77 and a 12 month high of $75.08.

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.