Northwestern Mutual Wealth Management Co. Buys 2,873,647 Shares of iShares MSCI ACWI ex U.S. ETF $ACWX

Northwestern Mutual Wealth Management Co. lifted its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 12,239.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,897,126 shares of the company’s stock after acquiring an additional 2,873,647 shares during the period. Northwestern Mutual Wealth Management Co. owned 2.36% of iShares MSCI ACWI ex U.S. ETF worth $194,484,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ACWX. Brighton Jones LLC bought a new position in iShares MSCI ACWI ex U.S. ETF in the 4th quarter worth approximately $250,000. AQR Capital Management LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 8.2% in the 1st quarter. AQR Capital Management LLC now owns 19,813 shares of the company’s stock worth $1,099,000 after buying an additional 1,498 shares during the period. Goldman Sachs Group Inc. increased its position in iShares MSCI ACWI ex U.S. ETF by 1.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock worth $67,790,000 after buying an additional 23,283 shares during the period. Qube Research & Technologies Ltd bought a new position in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter worth approximately $1,467,000. Finally, Ieq Capital LLC increased its position in iShares MSCI ACWI ex U.S. ETF by 41.6% in the 2nd quarter. Ieq Capital LLC now owns 61,462 shares of the company’s stock worth $3,746,000 after buying an additional 18,045 shares during the period.

iShares MSCI ACWI ex U.S. ETF Stock Down 2.3%

Shares of NASDAQ ACWX opened at $73.69 on Friday. The business’s 50 day moving average is $71.30 and its two-hundred day moving average is $69.70. The company has a market cap of $11.14 billion, a P/E ratio of 16.03 and a beta of 0.77. iShares MSCI ACWI ex U.S. ETF has a 12 month low of $58.47 and a 12 month high of $76.08.

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.