Cynosure Group LLC Decreases Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Cynosure Group LLC reduced its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 8.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,794 shares of the company’s stock after selling 849 shares during the period. Cynosure Group LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $459,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $30,000. Assetmark Inc. purchased a new position in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $39,000. CoreFirst Bank & Trust acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $51,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at about $66,000.

iShares MSCI ACWI ex U.S. ETF Stock Up 0.2 %

ACWX opened at $55.77 on Thursday. iShares MSCI ACWI ex U.S. ETF has a 52 week low of $49.84 and a 52 week high of $57.96. The business’s 50 day moving average is $55.61 and its two-hundred day moving average is $54.87. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 16.79 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.