Saxon Interests Inc. Invests $1.38 Million in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Saxon Interests Inc. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 27,092 shares of the company’s stock, valued at approximately $1,383,000.

A number of other hedge funds have also made changes to their positions in the stock. Graypoint LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 0.9% during the third quarter. Graypoint LLC now owns 29,308 shares of the company’s stock valued at $1,378,000 after acquiring an additional 248 shares during the period. Savant Capital LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1.4% during the third quarter. Savant Capital LLC now owns 18,736 shares of the company’s stock valued at $881,000 after acquiring an additional 256 shares during the period. Avestar Capital LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2.1% during the third quarter. Avestar Capital LLC now owns 13,650 shares of the company’s stock valued at $642,000 after acquiring an additional 283 shares during the period. Colton Groome Financial Advisors LLC boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 2.7% during the third quarter. Colton Groome Financial Advisors LLC now owns 10,787 shares of the company’s stock valued at $507,000 after acquiring an additional 288 shares during the period. Finally, Seascape Capital Management boosted its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 4.7% during the third quarter. Seascape Capital Management now owns 6,640 shares of the company’s stock valued at $312,000 after acquiring an additional 300 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of ACWX traded down $0.03 during midday trading on Friday, hitting $53.39. 779,433 shares of the stock traded hands, compared to its average volume of 1,305,751. iShares MSCI ACWI ex U.S. ETF has a 1-year low of $44.89 and a 1-year high of $53.59. The firm has a market capitalization of $4.78 billion, a PE ratio of 12.17 and a beta of 0.82. The business’s 50 day moving average price is $51.64 and its two-hundred day moving average price is $49.54.

iShares MSCI ACWI ex U.S. ETF 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.