Polen Capital Management LLC Increases Stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Polen Capital Management LLC lifted its stake in shares of iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 863.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 380,271 shares of the company’s stock after buying an additional 340,791 shares during the quarter. Polen Capital Management LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $19,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. ORG Partners LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $28,000. Comprehensive Financial Planning Inc. PA bought a new stake in iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $30,000. Assetmark Inc. bought a new stake in iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $39,000. Kestra Investment Management LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the fourth quarter worth about $66,000. Finally, Brown Brothers Harriman & Co. bought a new stake in iShares MSCI ACWI ex U.S. ETF during the third quarter worth about $80,000.

iShares MSCI ACWI ex U.S. ETF Price Performance

NASDAQ:ACWX opened at $56.57 on Monday. iShares MSCI ACWI ex U.S. ETF has a one year low of $49.84 and a one year high of $57.96. The company’s 50-day simple moving average is $54.55 and its 200 day simple moving average is $54.71. The firm has a market capitalization of $5.15 billion, a P/E ratio of 16.53 and a beta of 0.82.

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.