BNP Paribas Arbitrage SNC Cuts Stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

BNP Paribas Arbitrage SNC cut its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 34.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 359,492 shares of the company’s stock after selling 190,749 shares during the quarter. BNP Paribas Arbitrage SNC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $17,694,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 33,717.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 142,723,121 shares of the company’s stock worth $6,493,902,000 after acquiring an additional 142,301,077 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 181.2% during the second quarter. Flow Traders U.S. LLC now owns 3,069,185 shares of the company’s stock worth $151,065,000 after acquiring an additional 1,977,558 shares during the last quarter. Wellington Management Group LLP increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 191.3% during the first quarter. Wellington Management Group LLP now owns 2,349,094 shares of the company’s stock worth $114,565,000 after acquiring an additional 1,542,652 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI ACWI ex U.S. ETF during the first quarter worth about $44,746,000. Finally, Jane Street Group LLC increased its position in shares of iShares MSCI ACWI ex U.S. ETF by 597.2% during the second quarter. Jane Street Group LLC now owns 728,553 shares of the company’s stock worth $32,785,000 after acquiring an additional 624,059 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Stock Performance

Shares of NASDAQ ACWX opened at $48.96 on Friday. iShares MSCI ACWI ex U.S. ETF has a 1 year low of $44.85 and a 1 year high of $51.30. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of 12.17 and a beta of 0.82. The stock’s 50-day simple moving average is $47.08 and its 200-day simple moving average is $48.46.

iShares MSCI ACWI ex U.S. ETF Company 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.