MML Investors Services LLC Sells 136,946 Shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

MML Investors Services LLC lessened its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 22.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 471,401 shares of the company’s stock after selling 136,946 shares during the quarter. MML Investors Services LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $24,588,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the fourth quarter valued at about $36,088,000. Winthrop Advisory Group LLC boosted its stake in iShares MSCI ACWI ex U.S. ETF by 117.2% during the 4th quarter. Winthrop Advisory Group LLC now owns 757,613 shares of the company’s stock valued at $39,517,000 after purchasing an additional 408,828 shares during the period. Polen Capital Management LLC grew its holdings in iShares MSCI ACWI ex U.S. ETF by 863.2% in the 4th quarter. Polen Capital Management LLC now owns 380,271 shares of the company’s stock valued at $19,835,000 after buying an additional 340,791 shares during the last quarter. Jennison Associates LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 249.6% in the 4th quarter. Jennison Associates LLC now owns 438,605 shares of the company’s stock worth $22,878,000 after buying an additional 313,156 shares during the period. Finally, JPMorgan Chase & Co. increased its position in iShares MSCI ACWI ex U.S. ETF by 39.1% in the 4th quarter. JPMorgan Chase & Co. now owns 875,872 shares of the company’s stock worth $45,685,000 after buying an additional 246,023 shares during the period.

iShares MSCI ACWI ex U.S. ETF Trading Down 0.4 %

ACWX opened at $54.42 on Tuesday. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $48.99 and a 1-year high of $57.96. The business has a 50 day moving average of $55.17 and a 200-day moving average of $54.48. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of 15.00 and a beta of 0.82.

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.