Financial Network Wealth Management LLC Sells 984 Shares of iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS)

Financial Network Wealth Management LLC trimmed its position in shares of iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 43,152 shares of the company’s stock after selling 984 shares during the quarter. iShares Core MSCI Total International Stock ETF comprises about 1.0% of Financial Network Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Financial Network Wealth Management LLC’s holdings in iShares Core MSCI Total International Stock ETF were worth $2,854,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of IXUS. YANKCOM Partnership bought a new position in iShares Core MSCI Total International Stock ETF in the fourth quarter worth about $30,000. Ethos Financial Group LLC bought a new position in iShares Core MSCI Total International Stock ETF in the fourth quarter worth about $37,000. MeadowBrook Investment Advisors LLC raised its stake in iShares Core MSCI Total International Stock ETF by 41.4% in the fourth quarter. MeadowBrook Investment Advisors LLC now owns 1,025 shares of the company’s stock worth $68,000 after buying an additional 300 shares in the last quarter. Comprehensive Financial Planning Inc. PA bought a new position in iShares Core MSCI Total International Stock ETF in the fourth quarter worth about $90,000. Finally, Wilmington Savings Fund Society FSB bought a new position in iShares Core MSCI Total International Stock ETF in the third quarter worth about $128,000.

iShares Core MSCI Total International Stock ETF Price Performance

IXUS stock opened at $71.77 on Friday. The company has a market cap of $40.62 billion, a P/E ratio of 15.85 and a beta of 0.84. iShares Core MSCI Total International Stock ETF has a 1 year low of $63.61 and a 1 year high of $73.53. The firm has a 50-day moving average of $69.38 and a 200 day moving average of $69.39.

About iShares Core MSCI Total International Stock ETF

The iShares Core MSCI Total International Stock ETF (IXUS) is an exchange-traded fund that is based on the MSCI AC World ex USA IMI index, a market-cap-weighted index of global stocks covering 99% of the global market capitalization outside the US. IXUS was launched on Oct 18, 2012 and is managed by BlackRock.