German American Bancorp Inc. Raises Holdings in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

German American Bancorp Inc. boosted its stake in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 3.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,536,863 shares of the company’s stock after buying an additional 49,201 shares during the period. iShares MSCI ACWI ex U.S. ETF accounts for 9.3% of German American Bancorp Inc.’s portfolio, making the stock its biggest holding. German American Bancorp Inc. owned about 1.83% of iShares MSCI ACWI ex U.S. ETF worth $87,939,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACWX. Innealta Capital LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at about $30,000. National Bank of Canada FI raised its holdings in shares of iShares MSCI ACWI ex U.S. ETF by 1,622.0% in the 2nd quarter. National Bank of Canada FI now owns 861 shares of the company’s stock worth $46,000 after purchasing an additional 811 shares in the last quarter. Triad Wealth Partners LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF during the second quarter valued at approximately $53,000. Reston Wealth Management LLC bought a new stake in iShares MSCI ACWI ex U.S. ETF during the third quarter worth approximately $69,000. Finally, GAMMA Investing LLC grew its position in iShares MSCI ACWI ex U.S. ETF by 60.6% in the second quarter. GAMMA Investing LLC now owns 1,698 shares of the company’s stock worth $90,000 after buying an additional 641 shares during the last quarter.

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

Shares of iShares MSCI ACWI ex U.S. ETF stock opened at $53.61 on Thursday. iShares MSCI ACWI ex U.S. ETF has a 12-month low of $48.68 and a 12-month high of $57.96. The firm has a market capitalization of $4.50 billion, a PE ratio of 14.05 and a beta of 0.82. The stock’s fifty day moving average is $55.59 and its 200-day moving average is $54.57.

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.