Cornerstone Wealth Group LLC Raises Stock Position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

Cornerstone Wealth Group LLC raised its position in iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by 6.3% in the third quarter, Holdings Channel reports. The institutional investor owned 132,829 shares of the company’s stock after purchasing an additional 7,902 shares during the period. iShares MSCI ACWI ex U.S. ETF accounts for about 1.7% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 13th largest position. Cornerstone Wealth Group LLC’s holdings in iShares MSCI ACWI ex U.S. ETF were worth $6,109,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cutler Group LP purchased a new position in iShares MSCI ACWI ex U.S. ETF in the second quarter valued at $30,000. Private Advisor Group LLC purchased a new position in iShares MSCI ACWI ex U.S. ETF in the second quarter valued at $38,000. Tower Research Capital LLC TRC purchased a new position in iShares MSCI ACWI ex U.S. ETF in the first quarter valued at $34,000. CWM LLC increased its holdings in iShares MSCI ACWI ex U.S. ETF by 103.7% in the second quarter. CWM LLC now owns 943 shares of the company’s stock valued at $41,000 after buying an additional 480 shares in the last quarter. Finally, Hoover Financial Advisors Inc. purchased a new position in iShares MSCI ACWI ex U.S. ETF in the second quarter valued at $44,000.

Shares of NASDAQ ACWX traded down $0.44 during trading on Friday, hitting $44.89. The company had a trading volume of 64,547 shares, compared to its average volume of 1,998,751. The stock has a fifty day simple moving average of $46.63 and a two-hundred day simple moving average of $44.20. iShares MSCI ACWI ex U.S. ETF has a fifty-two week low of $32.40 and a fifty-two week high of $50.03.

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Want to see what other hedge funds are holding ACWX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX).

Institutional Ownership by Quarter for iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX)

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